Cape Town-based fintech company Peach Payments has unveiled its new point-of-sale (POS) terminal, the Digit Pro, targeting mid-sized and enterprise-level merchants. This marks a significant step in the company's expansion from online and mobile payments into in-person transactions. The move reflects Peach Payments' ambition to deliver a fully integrated payment ecosystem across all sales channels.
A Decade of Growth and Innovation
Founded in 2012, Peach Payments has established itself as one of South Africa’s fastest-growing payment gateways. The company supports businesses in accepting, managing, and disbursing payments through web and mobile platforms, helping to streamline the payment experience. Its consistent innovation and customer-centric approach recently attracted $31 million in funding and supported the beginning of its acquisition strategy.
Digit Pro: A Multi-Functional POS Solution
The newly launched Digit Pro POS terminal is designed to offer more than traditional card-processing capabilities. It supports a wide range of payment methods and integrates directly into Peach Payments’ dashboard, giving merchants a unified view of all transactions. This comprehensive transaction visibility includes not only card payments but also Buy Now Pay Later (BNPL) and other digital options.
Industry-First Features in the South African Market
According to CEO Rahul Jain, Digit Pro is the first POS device in South Africa to offer such broad transaction integration. This enables merchants to track in-person and online sales from a single dashboard, bringing simplicity and transparency to multi-channel commerce. Jain emphasized that this solution addresses a gap in the market where BNPL had previously been confined to online use only.
Addressing Merchant Needs with Flexibility and Integration
Merchants are increasingly seeking POS systems that go beyond basic payment acceptance to offer greater operational efficiency and customer convenience. Peach Payments responded by building a system that merges payment flexibility with enhanced business management tools. Digit Pro is positioned as an all-in-one solution that reduces friction across both front-end transactions and back-office processes.
Capitalizing on BNPL Momentum
With BNPL options gaining popularity among South African consumers, Peach Payments is taking the opportunity to introduce this feature into the physical retail space. This allows customers to access flexible payment options in-store, which previously was not possible in the local market. The result is a richer, more versatile consumer experience and potentially higher average transaction values for merchants.
Preparing for a Broader Rollout
Initially available to mid-sized and enterprise merchants, Digit Pro may later be extended to smaller retailers as adoption scales. The focus for now remains on businesses that require robust, scalable POS solutions and seamless integration with digital sales platforms. The rollout reflects Peach Payments’ methodical strategy of entering high-impact market segments before broadening its scope.
Peach Payments’ launch of the Digit Pro POS terminal signals a bold push into omnichannel commerce in South Africa. By combining online, mobile, and in-person payments within a single ecosystem, the company is helping businesses simplify operations while meeting evolving consumer demands. With features like BNPL support and centralized reporting, Digit Pro could set a new standard for POS devices in the region.