Our payments products allow you to build inflow bank transfers so that your users can access their accounts and pay by transfer without ever navigating out of your flow.
The underlying payment is made using Instant Electronic Funds Transfers (iEFTs) in South Africa or NIBSS Instant Payment (NIP) in Nigeria.
Today, bank transfers are under-utilised as an online payment method in comparison to card payments, which are often susceptible to fraud and more costly, mostly due to the high-friction user experience involved with completing a bank transfer.
With Stitch, you can build the capability to accept secure, user-initiated bank transfers in your checkout flow, wallet or environment of choice.
We can also tokenise these credentials so that returning users can pay in seconds - often with just one click - without needing to login to their accounts again. This capability can also be used to generate user-not-present, merchant-initiated payments. Our job is to ensure you and your customers get your money as quickly and seamlessly as possible.