Peach Payments provides a complete toolkit to help businesses accept, manage and disburse payments through the web and mobile. It is the second-largest online payment gateway in South Africa and has also expanded to Kenya and Mauritius.
Sukhiba is built on top of WhatsApp and is currently active in South Africa, Kenya, Tanzania, Rwanda, Uganda, Nigeria, Oman and India. Used by more than 35,000 SMEs dealing directly with manufacturers, wholesalers and distributors, Sukhiba recently announced a US$1.55 million seed extension funding round to expand across Africa and other emerging markets.
Peach Payments CEO and founder Rahul Jain said: “Sukhiba’s technology lets merchants add their catalogues to WhatsApp and facilitates everything from product purchases to payments to scheduling deliveries. This partnership effectively utilises Peach Payments’ platform on WhatsApp, which opens up a new sales channel for our merchants in the run-up to Black Friday and that gives their customers the flexibility of paying by card, EFT, buy-now-pay-later and other alternative payment methods.”
Merchants sign up using the Sukhiba website and can monitor their sales on both the Sukhiba merchant app and their Peach Payments dashboard. For most merchants, this will mean a daily reconciliation and transfer, while others may be on a weekly cycle.
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