Peach Payments

About

Peach Payments allows online and offline merchants to accept payments on their websites, mobile sites and mobile apps. Businesses have access to all payment methods including credit/debit cards, bank transfers, mobile wallets, electronic wallets and mobile operator billing.

Peach Payments was launched in 2011 with the goal of “revolutionising the online payment space in South Africa,” according its their website.

Today the company operates in South Africa, Kenya and Mauritius and, according to its website, it processes over R1 billion a month for their merchants. Among their clients are Adidas, UCook, SweepSouth and Netflorist, and more.

Features

Shopping cart integration –  They integrate with all major e-commerce platforms including, WooCommerce, Shopify, Wix, Magento and Storefront. as well as custom builds through their API.

Payment methods – They offer multiple payment methods including Visa, Mastercard, InstantEFT, Apple Pay, mPesa and PayPal. They also allow merchants to accept payments in international currencies.

To collect payments without a website you can use their Payment Link which can be sent via email, SMS or Whatsapp, with no integration needed.

Subscription – Activate recurring payments with their card storage feature. Subscription payments are only available on WooCommerce, Magento and custom integrations (API and Mobile SDK).

Mobile friendly – To make it easy and convenient for mobile shoppers to pay on your website, their responsive widgets and native SDKs for iOS and Android ensure your website is mobile-ready.

Dashboard – Use the Peach Payments Console to track and manage transactions, access and download reports and enable features like recurring payments.

Pricing

Peach Payments does not charge any monthly or setup fees.

The transaction fees are:

• Credit/debit cards: 2.95% + R1.50 per transaction (excluding VAT).
• Instant EFT: 1.5% + R1.50 per transaction.

They offer customised volume-based rate for businesses that transact over R300,000 per month.

Pros

Accepts international currencies.

Cons

Needs a merchant account.