South Africa's largest payment gateway no longer supports bitcoin transactions after July 20 due to high transaction costs and network congestion

According to Bitcoin.com, Payfast, one of South Africa's largest online payment gateways, announced that it will no longer handle bitcoin transactions after July 20, 2019 due to high transaction costs and network congestion. The company also claims that there are many bitcoins. Limitations and design flaws cannot be a good cash substitute.