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Fintech provider DataMesh signs deal with retailer Peregrine

September 03, 2020 / iTWire
SHARESHARESHARE

A statement from DataMesh said Peregrine would use its financial payments products for fuel, retail and convenience businesses — operating as On The Run — which include Krispy Kreme SA, Subway, Oporto and Brumby's. The same DataMesh products will be used by Peregrine's Smokemart & GiftBox stores, the largest local privately-owned retail tobacco offering. DataMesh customers are not tied to any particular hardware and the company's software helps to resolve issues around payments technology and compliance issues for big retailers. DataMesh chief executive Mark Nagy said: “We are thrilled to announce this significant contract with Peregrine Corporation for our payments and analytics technology. Partnering with such a significant retailer is real validation that we, even as an early stage company, have been able to solve pressing business issues faced by large merchants, such as lack of POS integration, hardware of choice, and real-time connectivity to multiple acquirers – something that banks and other payments providers haven’t been able to do.