Float, Africa's first credit card-linked instalment platform, has partnered with Peach Payments, a leading online payment solution provider. Peach Payments merchants can now instantly integrate Float at checkout, broadening the reach of interest-free monthly instalments to more consumers across South Africa.
This collaboration enhances the online shopping experience with an innovative and secure payment solution for consumers and merchants, says Float.
Float says that it does not issue shoppers with new credit. Instead, it offers shoppers a smarter way to pay with their credit card by splitting their purchases over multiple months interest free with no additional fees.
Alex Forsyth-Thompson, CEO of Float, says, "Partnering with Peach Payments marks yet another key milestone for Float, enabling thousands of merchants to boost sales with flexible, card-linked instalment solutions that empower shoppers with responsible payment options."
Anine de Kock, Head of Partnerships at Peach Payments, says, "Peach Payments has seen a rise in popularity of BNPL options, particularly how significantly these options increase conversion rates for merchants. Peach Payments adds value to merchants in many ways. One of these is offering a range of BNPL payment options so customers can take full advantage of merchant offerings."
Float concludes that Peach Payments offers payment by card, bank, BNPL, QR code and digital wallets at checkout. The system features enterprise-grade security, helping both consumers and merchants stay safe while transacting.
For more information, visit www.float.co.za. You can also follow Float on Facebook, LinkedIn, X, or on Instagram.
*Image courtesy of contributor