Peach Payments
Peach Payments is a Cape Town-based digital payment platform providing online, in-store, and payout payment processing for African merchants, operating across 12 countries with PCI DSS Level 1 infrastructure.
- Company typePrivate
- Founded2012
- HeadquartersCape Town, South Africa
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Peach Payments does
Peach Payments is a South African digital payment platform founded in 2012 and headquartered in Cape Town, providing payment processing infrastructure to online, mobile, and in-store merchants across 12 African countries. The company's core offering is a payment orchestration platform that combines a RESTful API, embedded checkout, hosted payment pages, payment links, recurring billing, and the Digit Pro/Digit Go enterprise POS terminals. The platform supports an extensive payment method portfolio spanning cards (Visa, Mastercard, AmEx, Diners Club), Pay by Bank (Capitec Pay, Nedbank Direct EFT), digital wallets (Apple Pay, Google Pay, Samsung Pay, PayPal), mobile money (M-PESA), multiple BNPL providers (PayJustNow, Float, ZeroPay, Payflex, Happy Pay), QR codes, vouchers (1Voucher), alternative credit (RCS), and cryptocurrency via MoneyBadger. Security is anchored by PCI DSS Level 1 Service Provider certification with tokenised card storage, 3D Secure authentication, and proactive fraud monitoring.
Revenue is generated primarily through transaction-based fees (take rates typically 2.95% + R1.50 for cards, 1.50% + R1.50 for Pay by Bank, and 4.75%–5.35% + fixed fees for BNPL methods) with pay-as-you-go billing and volume-based pricing for larger merchants. The go-to-market combines direct enterprise field sales with named account managers, API-first self-serve onboarding for SMBs and developers, and channel distribution through native plugins on Shopify, WooCommerce, Magento, Wix, OpenCart, nopCommerce, and ECWID. Customer segments are diversified across retail, travel and hospitality, omnichannel commerce, SaaS, education, insurance, betting and gaming, and services — with enterprise logos including Samsung, Coach, Lacoste, Superbalist, and Travelstart, alongside mid-market and SMB long-tail customers.
The company has executed two acquisitions in the past 12 months: Operativa (July 2024, a custom software development firm) and PayDunya (April 2025, a West African payment gateway serving 4,000+ B2B customers and processing 70,000+ daily transactions), backed by a $30 million funding round led by Apis Growth Fund II. The combined entity now operates in South Africa, Kenya, Mauritius, Senegal, and additional UEMOA/CEMAC markets, with stated processing volumes of R1.86 billion across 2.69 million transactions during the 2025 Black Friday weekend — a 93% year-over-year increase.
Peach Payments firmographics
Firmographics- Name
- Peach Payments
- Legal name
- Peach Payments
- Website
- https://peachpayments.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Peach Payments is a Cape Town-based digital payment platform providing online, in-store, and payout payment processing for African merchants, operating across 12 countries with PCI DSS Level 1 infrastructure.
- Ownership category
- akta.pro rank
Peach Payments industry classification
Industry- Product category
- Payment Processing
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA)
- akta.pro secondary industries
- QR Code & Alternative In-Store Acceptance (QR, APMs) (FSAMADAH), A2A Checkout & Merchant Acceptance Solutions (FSAMAFAF), In-App / Online Checkout Wallets (FSAMAEAH), Alternative Payment Methods (APMs) & Local Rails (ACH/SEPA/UPI, etc.) (CRAFALAG)
Keywords
Where Peach Payments is headquartered
LocationHeadquarters
- HQ city
- Cape Town
- HQ country
- South Africa
- HQ region
- Africa
Offices1 record
Markets served
Peach Payments business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Payment Processing Fees: Transaction-based fees charged to merchants for processing payments. Rates vary by payment method: card payments typically 2.95% + R1.50 per transaction, with volume-based rates for larger merchants. BNPL methods have varying rates (4.75%-5.35% + additional fees). Pay by Bank at 1.50% + R1.50 per transaction.
- Payout Services: Real-time clearance payouts to merchants and recipients with bank verification. Revenue from transaction fees on disbursements.
- Multi-Currency Processing: Fees for processing international payments in multiple currencies with settlement in merchant's preferred currency (ZAR, USD, etc.)
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | American Express: 2.95% + R1.50 per transaction |
| Transaction based/ take rate | Pay-as-you-go | Visa/Mastercard: Real-time authorisation, instant reporting, daily settlements |
| Transaction based/ take rate | Pay-as-you-go | PayJustNow on POS: 5.35% + R4.80 + R1.50 per transaction | R199 monthly fee |
| Transaction based/ take rate | Pay-as-you-go | Float: 5.1% + R4 for 4 instalments |
| Transaction based/ take rate | Pay-as-you-go | ZeroPay: 4.75% + R2 + R1.50 per transaction |
| Transaction based/ take rate | Pay-as-you-go | Payflex: 5.25% + R4 + R1.50 per transaction |
| Transaction based/ take rate | Pay-as-you-go | Happy Pay SME: 4.99% + R4 + R1.50 | Enterprise: Volume-based rates |
| Transaction based/ take rate | Pay-as-you-go | Capitec Pay: 1.50% + R1.50 per transaction |
| Transaction based/ take rate | Pay-as-you-go | Scan to Pay QR: 2.95% + R1.50 per transaction |
| Transaction based/ take rate | Pay-as-you-go | 1Voucher: Volume-based rates by application |
| Transaction based/ take rate | Pay-as-you-go | RCS: 3.50% + R1.50 per transaction |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Peach Payments product offering
Product offeringCore offering
Peach Payments is a South African digital payments platform that provides online and in-store payment processing solutions to merchants across Africa. It offers a unified suite including an online payment gateway, embedded checkout, payment links, payment pages, recurring/subscription billing, real-time payouts, and POS terminals (Digit Pro and Digit Go). The platform supports multiple payment methods (cards, Pay by Bank, BNPL, digital wallets, QR codes, vouchers, alternative credit, and cryptocurrency) with multi-currency processing, payment orchestration, and PCI DSS Level 1 compliance.
Product overview
Peach Payments is a South African digital payment platform offering a comprehensive suite of payment products for African merchants. The portfolio includes Payment Links, Online Payment Gateway (Checkout), Point of Sale (POS), Recurring Payments, Payouts, Payment Pages, Embedded Checkout, Business Funding, and Multi-Currency Payments. The platform integrates various payment methods including cards (Visa, Mastercard, AmEx, Diners Club), Pay by Bank (Capitec Pay, Nedbank Direct EFT), digital wallets (Apple Pay, Google Pay, Samsung Pay, PayPal), BNPL options (PayJustNow, Float, ZeroPay, Payflex, Happy Pay), QR codes, vouchers (1Voucher), alternative credit (RCS, Mobicred), and cryptocurrency (MoneyBadger). Peach Payments also offers enterprise solutions including payment orchestration, risk management, and PCI DSS compliant infrastructure, serving sectors including retail, travel, hospitality, SaaS, education, insurance, and betting & gaming.
Differentiator
Problem solved
Functional benefit
Products and services
- Payment Links A product enabling merchants to send payment links via email, SMS, and WhatsApp so customers can pay through their preferred payment method without the merchant needing a website. Features include multiple payment methods, retry functionality, and PCI DSS v4 compliance.
- Online Payment Gateway (Checkout) A mobile-optimised checkout gateway for collecting payments on websites or apps. Features include multiple payment methods, automated refund management, multi-currency processing, payment orchestration with intelligent routing and automatic retries, and detailed payment analytics.
- Point of Sale (POS) In-store payment acceptance solution featuring the Digit Pro and Digit Go POS terminals. Supports transaction speeds under 3 seconds, alternative payment methods, customised checkout flows, inventory management integration, and unified reporting across online and offline transactions.
- Recurring Payments Subscription and recurring payment collection solution enabling one-click checkout and scheduled transactions. Features include secure card vault with PCI DSS Level 1 compliance, card management for expiration updates, and developer API access for subscription management.
- Payouts Unified payouts and settlements solution with real-time clearance capabilities. Enables single or batch processing of payouts to suppliers, staff, and customers via API or CSV upload, with bank verification and instant payouts.
- Payment Pages Custom branded hosted payment pages accessible via link or QR code, allowing merchants to sell without a website by sharing pages via WhatsApp, SMS, or email. Includes retry payment functionality, BNPL options, and built-in PCI DSS v4 compliance.
- Embedded Checkout On-site payment acceptance without redirects, embedded directly on merchant websites. Features include customisable design matching merchant branding, multiple payment methods sortable by consumer preference, pre-authorisation, one-click checkout, and tokenisation.
- Business Funding Cash advance solution enabling merchants to grow their company with access to working capital.
- Multi-Currency Payments Multi-currency payment acceptance enabling merchants to sell globally while settling in their preferred currency (Rands, USD, or other major currencies). Features include local currency pricing, clear upfront pricing to reduce cart abandonment, and full compliance with banking regulations.
- Digit Pro POS Terminal Enterprise-level POS terminal featuring customisable apps, plug-and-play app library, inventory management, loyalty rewards integration, and policy administration. Includes PayJustNow BNPL built-in, Yoyo loyalty rewards, and ReceiptHero digital receipts support.
- Digit Go POS Terminal Printer-less payment terminal featuring digital receipts with ReceiptHero integration via QR codes, supporting sustainability and operational efficiency with a modern, eco-friendly checkout experience.
Quantifiable outcome
- 93% increase in rand value processed during Black Friday 2025 compared to 2024
- +5 more outcomes
Companies that use Peach Payments
Customer profileNamed customers18 records
Segments9 records
Ideal customer profiles3 records
Peach Payments technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration25 records
AI capability5 records
Feature6 records
Peach Payments partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered core and minor.
- ReceiptHerocoreIntegration to enable digital receipt functionality on the latest Digit Go payment terminals in South Africa, replacing traditional paper receipts with QR code-based digital ones for sustainability and operational efficiency.
- YoyocoreIntegration to add automatic bank card-linked cashback loyalty rewards to the Digit Pro POS device, allowing customers to earn and redeem rewards through payment without separate apps or QR codes. The POS terminal becomes a customer engagement channel.
- RelyComplycorePartnership to enhance AML (Anti-Money Laundering) and KYC (Know Your Customer) compliance capabilities through automated customer verification and transaction monitoring to support expansion into new African markets including West Africa.
- MoneyBadgercoreIntegration to enable cryptocurrency payments for South African merchants, allowing customers to pay with Bitcoin and other cryptocurrencies while merchants receive guaranteed Rand settlements with no volatility risk.
- Happy PaycorePartnership to expand zero-deposit BNPL (Buy Now Pay Later) options for South African merchants, offering customers the ability to split payments into two interest-free instalments.
- PayDunyacoreAcquisition of West African payments gateway PayDunya, marking Peach Payments' expansion into Francophone Africa. PayDunya operates in six West African countries (UEMOA and CEMAC regions), processing 70,000+ daily transactions and serving over 4,000 B2B customers.
- FloatcoreBNPL partnership allowing merchants to offer customers the ability to split credit card purchases into interest-free monthly instalments, boosting average basket sizes by 134%.
- MastercardcoreCo-sponsorship of the annual World Wide Worx Online Retail Report along with Peach Payments and Ask Afrika, establishing thought leadership in South African e-commerce market trends.
- SukhibaminorPartnership for conversational commerce capabilities enabling WhatsApp-based commerce experiences through Flowcart integration.
- OperativacoreAcquisition of custom software development company Operativa to strengthen Peach Payments' payments systems expertise and accelerate product development following a $31 million funding round. Full integration completed by August 2024.
- ShopifycoreNative Shopify integration powering next-generation ecommerce checkout experiences for Shopify merchants.
- WooCommercecoreWordPress-based ecommerce platform integration for flexible online store payment acceptance.
- MagentocoreEnterprise ecommerce platform integration for large-scale online retail operations.
- PayPalcoreDigital wallet integration connecting merchants to 361 million+ global PayPal shoppers for international payment acceptance.
- Apple PaycoreBiometric-secured mobile payment integration generating 20% higher conversion rates, available on hosted and embedded checkout.
- Google PaycoreContactless payment integration for Android devices, tablets and smartwatches with unique encrypted transaction numbers.
- M-PESAcoreMobile money integration for Kenya market enabling payments for the millions of M-PESA users across the country.
Scale indicators17 records
Recent moves9 records
Expansion highlights7 records
Peach Payments competitors and assessment
Company assessmentDirect peers
- Paystack: Nigeria-founded African payment gateway (now owned by Stripe) serving online merchants with cards, bank transfers and mobile money. Directly comparable online checkout and API-first stack.
- Interswitch: Nigeria-based digital payments and commerce company with Verve, Quickteller, and gateway services across Africa. Comparable enterprise payment infrastructure and multi-country footprint.
- DPO Group (Network International): African payment service provider operating across multiple countries with merchant acquiring and gateway services. Overlaps with Peach Payments in multi-country merchant payment processing.
- Ozow: South African instant EFT payment provider enabling bank-to-bank online checkout. Competes with Peach Payments' Pay by Bank solutions and increasingly in merchant acceptance.
- Payfast (PayU): South Africa's leading online payment gateway operated under PayU/Naspers, supporting cards, EFT, and instant payment methods. Directly competes with Peach Payments for SA e-commerce merchants and enterprise clients.
- Flutterwave: Pan-African payment gateway supporting cards, mobile money and local payment methods across multiple African countries. Closely comparable multi-country payment orchestration model.
- Yoco: Cape Town-based fintech offering card machines, online payments, and business funding to SMBs across South Africa. Overlaps directly with Peach Payments on POS and online gateway offerings for SMEs.
Emerging players
- Stitch: South African fintech offering financial data connectivity and payment initiation via APIs. Adjacent in A2A and open banking payments, increasingly intersecting with Peach Payments' Pay by Bank offerings.
Broad incumbents
- Stripe: Global online payment gateway expanding into Africa, now owning Paystack. A broad incumbent competing for enterprise and SMB online payment volume across Peach Payments' markets.
- Adyen: Global enterprise payment platform with omnichannel processing and broad payment method coverage. Competes for large enterprise merchants in Africa pursuing international acquiring.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Peach Payments social profiles
Digital presencePeach Payments compliance and trust
Trust signalCompliance2 records
Peach Payments financial estimates
Financial estimateRevenue estimate
Valuation estimate
Peach Payments leadership team
Management profileNumber of profiles
Profiles3 records
Peach Payments subsidiaries and ownership
Company hierarchySubsidiaries2 records
Peach Payments funding detail
Funding detailFunding overview
Funding rounds5 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Peach Payments M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Peach Payments
What does Peach Payments do?
Peach Payments is a South African digital payments platform that provides online and in-store payment processing solutions to merchants across Africa. It offers a unified suite including an online payment gateway, embedded checkout, payment links, payment pages, recurring/subscription billing, real-time payouts, and POS terminals (Digit Pro and Digit Go). The platform supports multiple payment methods (cards, Pay by Bank, BNPL, digital wallets, QR codes, vouchers, alternative credit, and cryptocurrency) with multi-currency processing, payment orchestration, and PCI DSS Level 1 compliance.
Is Peach Payments a public or private company?
Peach Payments is a private company. It is classified as venture growth investor backed and is currently operating.
When was Peach Payments founded?
Peach Payments was founded in 2012. It employs 101 to 250 people.
Where is Peach Payments based?
Peach Payments is headquartered in Cape Town, South Africa, in the Africa region.
How does Peach Payments make money?
Three revenue lines are on record. Payment Processing Fees are the primary driver. The others are payout Services and multi-Currency Processing.
Who are Peach Payments's main competitors?
Direct peers on record are Paystack, Interswitch, DPO Group (Network International), Ozow, Payfast (PayU), Flutterwave and Yoco. Stitch is listed as an emerging player. Broad incumbents are Stripe and Adyen.
Does Peach Payments have an API?
Yes. Peach Payments offers a RESTful API for developers to integrate payment capabilities. The API enables building payment solutions for online, in-store, and mobile channels. Key capabilities include: checkout integration, payment orchestration, recurring payments API, bulk payouts via API or CSV upload, card tokenization, and subscription management. Developers can update, pause, cancel, and view subscription information through the recurring payments API. Supports features like pre-authorisation, one-click checkout, and tokenisation. Developer documentation is at developer.peachpayments.com.
What industry is Peach Payments in?
Peach Payments's product category is Payment Processing. Its primary akta.pro industry code is FSAMACAA, Merchant Payment Gateways (API/Hosted Checkout), with a secondary code of FSAMADAH, QR Code & Alternative In-Store Acceptance (QR, APMs). Its NAICS code is 522320 and its SIC code is 6199.