Since May 2023, the St Helena Government (SHG) Economic Development Team has been collaborating with Ryft Pay, a UK-based payment services provider, to facilitate Visa and MasterCard payments on the island. The Ryft Pay system is now being used by several businesses, enhancing convenience for both tourists and residents of St Helena who wish to use their credit cards.
Businesses can now offer customers the ease of paying with Visa and Mastercard through Ryft Pay. This development not only enhances the visitor experience but also enables businesses to increase sales and revenue, reduce reliance on cash transactions, and attract new customers who prefer card payments.
Businesses are reminded they can apply directly to Ryft Pay to start accepting Visa and Mastercard payments. The funds from these transactions can be deposited into their Bank of St Helena (BOSH) account or a UK bank account.
Businesses interested in accepting Visa and Mastercard payments can apply directly to Ryft Pay via email at support@ryftpay.com. The Ryft machines are readily available on the island for approved businesses. To ensure stock availability, applicants should copy invest@sainthelena.gov.sh when applying.
For more details on Ryft Pay’s services and the application process, businesses can refer to the On-boarding Process information sheet (available through the Chamber of Commerce or the SHG Economic Development team) or contact Ryft Pay directly at support@ryftpay.com.
Further information is available by contacting either Kyle Snow or Michael Ormrod on 22470.
Ryft Pay offers its customers automatic processing services on financial transactions, including Visa and MasterCard, which are the two most common payment networks worldwide.