Month: December 2021

What is an Instant EFT?

In South Africa, Stitch provides the infrastructure that enables Instant EFTs – or Instant Electronic Funds Transfers – so our customers can conduct seamless and secure pay-ins and payouts, without incurring high fees from card and other payment methods. However, the term Instant EFT is often used interchangeably with terms referring to other payment methods, …

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With Stitch, Bitvice helps South Africans start investing in Bitcoin in under 2 minutes

Problem: Bitvice relied on manual documentation and KYC checks when onboarding new customers, which often took more than 15 minutes and led to high dropoff rates Solution: The team needed a fast and secure solution that could help them reduce onboarding time and get their customers investing in Bitcoin faster. This week, they launched in …

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ImaliPay expands to South Africa with Stitch as payments and open banking partner

Problem: ImaliPay needed a trusted payments partner in South Africa that could provide a seamless experience for their users at affordable rates Solution: With Stitch, ImaliPay can enable gig workers to make instant bank payments when paying back tools purchased via buy-now-pay-later, through a link shared on their WhatsApp chatbot or Mobile App – in …

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