South African payments infrastructure company Stitch will now enable enterprise clients to accept online payments via all three major smartphone wallet providers – Apple Pay, Samsung Wallet and Google Pay – through a single integration.
Founded in February 2021, Stitch is a payments infrastructure company that helps businesses scale faster, and operate more efficiently. The Stitch payments API and tools reduce the effort required for businesses across sectors to connect to the financial system and deliver delightful experiences for their users.
With its recent US$25 million Series A extension round, the startup has raised a total of US$52 million in funding, and expanded to become an end-to-end payments service provider. It has now become the first payments service provider in the market to offer enterprise merchants access to all three major smartphone wallet solutions, which are rapidly growing in demand in South Africa.
“We’ve specifically developed an SDK bundle that will make it easy for teams to integrate and launch these solutions so they can offer an even more seamless online checkout experience for their customers. When using the Stitch SDK, the correct wallet will automatically be surfaced to users at checkout based on their device type,” said Stitch co-founder and president Junaid Dadan.