Extend your brand profile by curating daily news.

Convesio Acquires PeachPay to Launch Integrated Payment Platform for E-commerce Businesses

By FisherVista

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.

Found this article helpful?

Share it with your network and spread the knowledge!

Convesio Acquires PeachPay to Launch Integrated Payment Platform for E-commerce Businesses

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 the company transitions from a pure hosting provider to a fintech-driven commerce platform.

The integration marks a pivotal milestone for Convesio's platform strategy, according to Tom Fanelli, Founder and CEO of Convesio. By incorporating PeachPay's all-in-one payments and checkout experience into Convesio, the company is positioning itself as a comprehensive commerce engine that provides merchants with the fastest way to host, scale, and process payments on WordPress. The combined platform enables merchants to connect multiple payment methods, access unified dashboard visibility, and implement modern checkout experiences designed to increase sales conversion rates.

With the launch of ConvesioPay, Convesio has achieved payment facilitator status, allowing the company to support merchants across the entire payment lifecycle. This includes merchant onboarding, payout processing, risk management, and comprehensive reporting capabilities, while PeachPay's technology powers the front-end checkout and payment experience. The integration addresses the growing complexity of payment processing for online businesses, particularly those using WooCommerce platforms that require multiple payment method integrations and management.

Fanelli emphasized the strategic importance of simplifying payment complexity for merchants and agencies using the Convesio platform. The goal is to enable customers to focus on product development, customer service, and revenue growth rather than managing complex payment infrastructure. With the PeachPay team now integrated into Convesio's operations, the company can provide end-to-end support from infrastructure management to payment processing and payout distribution.

The merger represents a significant development in the e-commerce platform landscape, particularly for WordPress-based businesses that require robust hosting solutions combined with sophisticated payment processing capabilities. By combining high-performance infrastructure with integrated payment solutions through ConvesioPay, the platform offers merchants and agencies a single, scalable stack for hosting, conversion optimization, and payment processing. This consolidation of services addresses a critical pain point for online businesses that typically must manage multiple vendors for hosting, payment processing, and checkout optimization.

The acquisition and platform integration come at a time when e-commerce businesses face increasing pressure to streamline operations while maintaining competitive checkout experiences. The move positions Convesio as a more comprehensive solution provider in the competitive e-commerce platform market, potentially reducing the operational complexity for merchants who previously needed to integrate separate hosting and payment processing solutions. For more information about Convesio's platform capabilities, visit https://convesio.com.

Curated from 24-7 Press Release

blockchain registration record for this content
FisherVista

FisherVista

@fishervista