South African fintech Stitch has acquired In-person payments provider ExiPay for an undisclosed sum. 

This move allows Stitch to offer a unified platform for both online and In-person payments, supporting multi-lane retail and omnichannel commerce businesses. 

ExiPay had contracts with several enterprise clients and PSPs in South Africa and other African markets, including omnichannel retail brand Bash/The Foschini Group (TFG). 

Stitch will now manage Bash’s online and In-person payments needs, while continuing to support other ExiPay clients. 

Stitch’s In-person payments solution will allow businesses to accept payments through card-present transactions and provide alternative online payment options at the point of sale.  

The platform supports all major acquiring banks and merchants can use their current terminal fleet or to certify new devices through Stitch, including P2PE certification. 

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The Stitch card solution, known for its reliability through direct integrations with multiple banks and networks, will facilitate card-present transactions.  

This integration ensures automated failovers and higher uptime, extending the same level of dependability to merchants opting for Stitch’s In-person payments.  

Stitch co-founder and president Junaid Dadan said: “We’re excited to bring the ExiPay solution into the Stitch payments suite, enabling enterprise merchants to offer a seamless and reliable payments experience no matter where their customers choose to shop, and manage all their transactions in one place.  

“ExiPay has built a strong solution that, combined with our existing online payments platform, will allow us to serve our clients from a much more holistic perspective, supporting them across every payments touchpoint they have with their customers.”  

Stitch received ISO 27001 certification in October 2024.