Payment Service Provider (PSP)

A Payment Service Provider (PSP) is a company that enables businesses to accept electronic payments — including card, bank transfer, digital wallet and alternative payment methods — by providing the technology, banking relationships and compliance infrastructure required to process transactions. PSPs may offer a subset of payment methods or a full-stack solution across multiple channels. Stitch is a PSP integrated directly with South African banks and payment networks, serving enterprise businesses across e-commerce, financial services, gaming, logistics and more.