Industry

Highlights from our virtual panel on building with crypto in South Africa

With a cryptocurrency ownership rate of 10%, or four million people, South Africa ranks 18th out of 26 countries for crypto adoption according to a recent Finder report. The proportion of crypto owners holding bitcoin sits at 52%, making it the third highest out of 26 countries. The potential in the market for crypto and …

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Follow the Thread: How a seamless crypto payments experience pays off for Luno

In episode 3 of our newly launched vlog series, Follow the Thread, Stitch Head of Business Development Grant James sits down with Luno Payment Integrations Analyst Tiaan Basson to gain insights into the payments experience and processes at one of the world’s largest crypto platforms. Since launching in 2013, Luno has become synonymous with cryptocurrency …

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Follow the Thread: How Centbee created a payments system leveraging blockchain

In episode 2 of our newly launched vlog series Follow the Thread, Stitch Head of Business Development Grant James sits down with Centbee co-founder Angus Brown to get a deeper understanding of the business’s journey to create a payments system leveraging blockchain technology. A vision for a new and improved digital cash system Satoshi Nakamoto’s …

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UX/UI-best-practices

Optimise your payments journey: UI/UX best practices for LinkPay

The Stitch design team walks us through UI/UX best practices for providing an optimal payments experience with LinkPay. As more innovative financial products and services continue to launch and scale, customers are spoilt for choice when it comes to how they spend their money online and which financial products they use. As a result, businesses …

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Faster digital payments

Why demand for faster digital payment channels is increasing in Africa

How people pay for services and goods has never remained static. Businesses and individuals have always tried to move money faster. Since the first electronic money transfer transaction was completed by the Western Union Telegraph Company in 1871, electronic, and subsequently digital payments, have become a core part of how we pay for the things …

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What is VRP and why does it matter in South Africa and Nigeria?

As open banking innovation continues to gain traction globally, variable recurring payments (VRP) is often seen as the key to its future success. With our latest product, LinkPay, we’re able to tokenise user financial accounts, similar to card tokenisation, enabling things like one-click payments and headless payments in which the user does not need to …

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The Benefits of Instant Bank Transfers in SA

What are the benefits of instant bank transfers in South Africa?

More than 40% of consumers in South Africa indicated a simpler checkout experience would play a role in encouraging them to complete an e-commerce purchase. With more choices than ever, consumers today value convenience, speed and security – especially when it comes to the way they choose to pay. New payment methods, such as Instant …

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First Stitch Startup Showcase concludes in Cape Town

Last month, Stitch and The Raba Partnership team invited investors from across the globe, and founders from across the continent, to South Africa for our first global fintech meetup – launching inspiring conversations and connections that we hope will fuel even more innovation in Africa’s fintech space. At Stitch, we know firsthand how difficult it …

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