South African fintech Stitch acquires ExiPay to expand into in-person payments
- Stitch acquires ExiPay to integrate online and in-person payments.
- The acquisition allows Stitch to provide an omnichannel payment solution.
- Stitch has rebranded ExiPay's service as 'Stitch In-person payments.'
The acquisition of ExiPay by Stitch represents a significant step towards addressing the integration challenges in payment systems for enterprises. This move not only enhances Stitch's service offerings but also positions the company strategically in a competitive market that is increasingly leaning towards omnichannel solutions. It would be interesting to explore how this integration impacts customer experience and operational efficiency in the retail sector.
