Stitch Pay with crypto is a payment method that allows businesses in South Africa to allow their customers to pay using their crypto. Customers can choose to pay via popular exchanges like VALR and Binance, or send bitcoin or ethereum directly.
Here's how it works:
- Customer chooses “Pay with crypto” at checkout and selects their preferred wallet and cryptocurrency
- Customer confirms their mobile number and verifies with an OTP
- Customer opens their wallet app via on-screen QR code and follows the steps to complete payment with the appropriate amount of their chosen crypto
- Stitch converts the crypto to ZAR and settles the merchant in ZAR on the following business day