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.
“Peregrine selected the new Microsoft Dynamics 365 POS platform, which gives the company an opportunity to develop a very rich point-of-sale experience to meet the growing needs of the group. DataMesh was the only Australian company able to deliver a reliable connection to the system, and our new Cloud POS APIs have proven their value as they enable us to deliver Peregrine a true 360 degree view of their customers across all channels. The traditional legacy methods of connecting an eftpos terminal to this system were not working for Peregrine."
Peregrine executive chairman Yasser Shahin said: “Peregrine Corporation is very pleased to partner with DataMesh Group. As one of Australia’s largest retailers and private companies, we see their payments and data analytics solutions as an answer to some of the limitations and frustrations we have had in our payments systems up until now.
“In particular, we see DataMesh’s technology able to improve our payments reliability by shielding us from the impact of any bank or telecommunications outages. It is better, lower cost technology than is on offer elsewhere and we see it greatly improving our business operations, customer interactions and efficiency.”