South Africa’s Peach Payments, a leading African online payment gateway, has partnered Happy Pay, a local buy now, pay later (BNPL) platform, in a move that allows Peach Payments’ merchants to offer customers a seamless, flexible payment experience by integrating Happy Pay’s interest-free instalment options at checkout.
Founded in Cape Town in 2012, Peach Payments provides a complete toolkit to help businesses accept, manage and disburse payments through web and mobile. The startup has experienced exceptional growth in recent years, raising US$31 million in funding and beginning to make acquisitions, including the one of Senegal’s PayDunya earlier this month.
Happy Pay, meanwhile, is South Africa’s only zero-deposit BNPL provider, empowering consumers with zero-cost installment payments while helping merchants drive higher conversions and increased basket sizes.
“Our focus has always been on equipping businesses with the best payment solutions,” said Anine de Kock, head of partnerships at Peach Payments. “Bringing Happy Pay into our ecosystem means merchants can offer customers more purchasing power while boosting their own growth.”
Wesley Billett, co-founder and CEO of Happy Pay, said his startup was committed to responsible lending, using affordability-based approvals to ensure customers have access to “zero-cost credit” – a model designed to provide financial flexibility without hidden fees or excessive debt.
“Partnering with Peach Payments allows us to bring zero-deposit BNPL to more merchants, which helps businesses drive higher conversions and gives shoppers a smarter, more accessible way to pay,” he said.
“By integrating Happy Pay with Peach Payments, we’re making it easier than ever for businesses to offer their customers a frictionless, flexible, and responsible way to pay. We are also developing the first-ever BNPL performance advertising network, giving merchants a powerful new tool to connect with high-intent shoppers.”
