Peach Payments

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.

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

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

• Payment processing platform
• Online payment gateway
• Point of sale systems
• Digital payment solutions
• African fintech payments

Headquarters

HQ city

Cape Town

HQ country

South Africa

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. 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.
2. Payout Services: Real-time clearance payouts to merchants and recipients with bank verification. Revenue from transaction fees on disbursements.
3. Multi-Currency Processing: Fees for processing international payments in multiple currencies with settlement in merchant's preferred currency (ZAR, USD, etc.)

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core 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

Named customers18 records

Segments9 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration25 records

AI capability5 records

Feature6 records

Partnerships

17 partnerships are on record, tiered core and minor.

• ReceiptHerocoreTechnology or Integration · 25 March 2026Integration 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.
• YoyocoreTechnology or Integration · 3 March 2026Integration 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.
• RelyComplycoreTechnology or Integration · 14 November 2025Partnership 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.
• MoneyBadgercoreTechnology or Integration · 28 July 2025Integration 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 PaycoreTechnology or Integration · 9 April 2025Partnership 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.
• PayDunyacoreTechnology or Integration · 3 April 2025Acquisition 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.
• FloatcoreTechnology or Integration · 3 February 2025BNPL partnership allowing merchants to offer customers the ability to split credit card purchases into interest-free monthly instalments, boosting average basket sizes by 134%.
• MastercardcoreTechnology or Integration · 1 January 2025Co-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.
• SukhibaminorStrategic or Co-development Partner · 10 October 2024Partnership for conversational commerce capabilities enabling WhatsApp-based commerce experiences through Flowcart integration.
• OperativacoreTechnology or Integration · 23 July 2024Acquisition 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.
• ShopifycoreChannel Partner/ Reseller/ DistributorNative Shopify integration powering next-generation ecommerce checkout experiences for Shopify merchants.
• WooCommercecoreChannel Partner/ Reseller/ DistributorWordPress-based ecommerce platform integration for flexible online store payment acceptance.
• MagentocoreChannel Partner/ Reseller/ DistributorEnterprise ecommerce platform integration for large-scale online retail operations.
• PayPalcoreTechnology or IntegrationDigital wallet integration connecting merchants to 361 million+ global PayPal shoppers for international payment acceptance.
• Apple PaycoreTechnology or IntegrationBiometric-secured mobile payment integration generating 20% higher conversion rates, available on hosted and embedded checkout.
• Google PaycoreTechnology or IntegrationContactless payment integration for Android devices, tablets and smartwatches with unique encrypted transaction numbers.
• M-PESAcoreTechnology or IntegrationMobile 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

Direct 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

• Xx.com/peachpayments
• LinkedInlinkedin.com/company/peach-payments

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds5 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Peach Payments