Stitch Drives Innovation in South African Payments with Major Payment Service Expansion

Stitch Drives Innovation in South African Payments with Major Payment Service Expansion

By Staff Writer, 11 July 2024

Stitch, a prominent payment service provider (PSP) in South Africa, is once again leading the digital payment revolution. Following their successful launch of "Pay With Crypto" last November, Stitch is now extending its services to support Apple Pay, Google Pay, and Samsung Wallet for enterprise clients. This strategic move places Stitch at the cutting edge of payment innovation in South Africa, meeting the rising demand for secure and convenient mobile payment solutions.

The latest update simplifies the adoption of digital wallets for businesses across South Africa. With a single API integration, companies can now accept payments from all three major smartphone wallet providers, streamlining the checkout process and eliminating the need for complex integrations.

Related: Stitch, a Fintech Startup Based in South Africa, Announces the Extension of Its Series A Round

This development is timely, as surveys indicate a substantial shift in consumer preferences towards digital wallets. Over 50% of South Africans now prioritize convenience and security in their payment methods. By enabling seamless integration with Apple Pay, Google Pay, and Samsung Wallet, Stitch helps businesses enhance customer experience, reduce cart abandonment rates, and boost sales growth.

The rising popularity of digital wallets, especially among younger demographics, is a global trend. South African businesses that adapt to this shift can appeal to a digitally savvy customer base and establish themselves as leaders in the evolving payment landscape.

Stitch’s broad support for various payment methods, including all major card schemes, bank transfers, EFTs, and debit orders, underscores its commitment to offering a diverse range of payment options to meet the needs of both businesses and consumers.

Source: Smart Megwai / Innovation Village

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