Convesio Acquires PeachPay to Launch Integrated Payments Platform ConvesioPay
TL;DR
Convesio's acquisition of PeachPay creates a competitive edge by offering merchants an integrated commerce platform that simplifies payments and boosts sales through modern checkout experiences.
ConvesioPay integrates PeachPay's all-in-one payments system into Convesio's platform, enabling merchants to manage hosting, payments, and checkout through a unified dashboard and payment facilitator model.
This integration helps merchants focus on growth and customer service by reducing payment complexity, making e-commerce more accessible and efficient for businesses worldwide.
Convesio now powers over 10,000 sites and merges with PeachPay to transform from a hosting provider into a fintech-driven commerce platform with streamlined payments.
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Convesio has announced that PeachPay is now part of its organization, with the PeachPay team joining Convesio to power the launch of ConvesioPay, an all-in-one payments and checkout platform for online businesses. This strategic move represents a significant evolution for Convesio, which currently serves more than 10,000 sites across its platform, as it transitions from a pure hosting provider into a fintech-driven commerce platform.
The integration positions Convesio as a payment facilitator, allowing the company to support merchants across the entire payment lifecycle from onboarding and payouts to risk management and reporting. Tom Fanelli, Founder and CEO of Convesio, described this as a pivotal milestone for the platform. By incorporating PeachPay's all-in-one payments and checkout experience, Convesio is transforming into what Fanelli calls a true commerce engine the fastest way to host, scale and get paid on WordPress.
ConvesioPay enables merchants to connect more payment methods, view all transaction data in a single dashboard, and deliver a modern checkout experience designed to increase sales. The platform integration means that ConvesioPay will be powered and delivered through PeachPay's technology, which was originally built specifically for WooCommerce merchants. This combination creates a comprehensive solution that simplifies how merchants manage multiple payment methods while providing shoppers with an optimized checkout process.
Fanelli emphasized the strategic importance of this development for merchants and agencies, stating that the goal is to take the complexity out of payments so customers can focus on building products, serving customers, and growing revenue. With the PeachPay team now integrated into Convesio and powering the payment and checkout experience, while Convesio handles everything from infrastructure to payouts, the company believes ConvesioPay will represent a significant advancement for the businesses it serves. The platform aims to provide merchants and agencies with a single, scalable stack to host, convert, and get paid, addressing multiple business needs through one integrated solution.
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