STICPAY Partners With 20+ Asian Payment Providers

Republished By Plato

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STICPAY has forged partnerships with over 20 local
payment providers across Asia. According to the company, these collaborations
aim to enhance the accessibility and affordability of global payments within
Asia’s fast-growing markets.

Sean Park, STICPAY’s CEO, mentioned: “STICPAY’s
introduction of new local payment methods marks a significant stride towards
creating a global financial ecosystem that understands and respects users’
unique needs in various countries.”

“By prioritizing convenience, trust, and
cost-effectiveness, STICPAY is not just offering a service; it’s fostering a
financial experience tailored to the diverse preferences of its users.”

STICPAY’s latest collaborations span key Asian
territories, including China, India, Hong Kong, the Philippines, Singapore,
Indonesia, Vietnam, Thailand, and Malaysia. By incorporating traditional and innovative payment
methods such as Alipay, Wechatpay, GCash, and PayNow, STICPAY aims to
democratize e-wallet services for a wider demographic.

According to a statement shared with Finance Magnates, the integration between STICPAY and local payment providers
facilitates transactions for individuals and businesses. The offering enables
users to manage their finances, settle bills, and conduct everyday
transactions.

In addition to its Asian ventures, STICPAY has
expanded its reach to Australia and Colombia. Last year, STICPAY embarked on an initiative to
enhance financial inclusivity across Asia, Africa, and South America by forging
partnerships with nearly 40 new payment providers.

Global Expansion

In Africa, STICPAY’s collaborations span across
multiple countries, including Benin, Burkina Faso, Cameroon, Ghana, Guinea,
Kenya, Senegal, and Togo. According to the press release, these partnerships
introduce payment methods, such as mobile payments and cryptocurrency
transactions.

Notable partners include Airtel, MTN Group, Orange
Money, Vodafone, and Mpesa, facilitating seamless financial transactions within
the region. STICPAY’s expansion in South America encompasses
Brazil, Colombia, Ecuador, Mexico, and Peru, offering customers diverse avenues
to deposit and withdraw funds.

In Indonesia, STICPAY has partnered with various
payment providers, including Alfamart, to cater to the nation’s burgeoning
mobile wallet user base. With an estimated 202 million mobile wallet users
projected by 2025, these partnerships enable STICPAY to tap into Indonesia’s
dynamic market.

“By prioritizing convenience, trust, and
cost-effectiveness, STICPAY is not just offering a service; it’s fostering a
financial experience tailored to the diverse preferences of its users.”