--- title: "Stitch acquires ExiPay, expands offering with in-person payments" description: "With its first major acquisition, Stitch has become a unified commerce provider, offering enterprise merchants access to online and in-person payments through one platform." type: "NewsArticle" publisher: "Daily Maverick" site: "https://www.dailymaverick.co.za" section: "Sponsored Content" author: "Stitch Group" author_url: "https://www.dailymaverick.co.za/author/stitch/" canonical_url: "https://www.dailymaverick.co.za/article/2025-01-27-stitch-acquires-exipay-expands-offering-with-in-person-payments/" published: "2025-01-27T09:06:11" updated: "2025-01-30T08:02:54" lang: "en-ZA" word_count: 683 --- # Stitch acquires ExiPay, expands offering with in-person payments > With its first major acquisition, Stitch has become a unified commerce provider, offering enterprise merchants access to online and in-person payments through one platform. By Stitch Group · Published 27 January 2025, 11:06 SAST · Updated 30 January 2025, 10:02 SAST ## Key points - In a bold move to bridge the gap between online and in-store shopping, Stitch has snagged ExiPay, promising to transform South Africa’s payment landscape into a seamless symphony of transactions, whether you’re swiping a card in-store or clicking ‘buy’ from your couch. - Stitch expands its payments infrastructure by acquiring ExiPay, enhancing its offerings to include both online and in-person payment solutions. - In South Africa, online retail transactions remain low at just 6%, with a growing consumer preference for brands that offer both physical and digital shopping experiences. - The integration allows enterprise businesses to manage all transactions seamlessly, supporting omnichannel commerce with reliable payment options. - Stitch's in-person payment solution promises high reliability and flexibility, catering to various retail and service sectors while maintaining strong client support. ## Content Payments infrastructure company [Stitch](https://stitch.money/) recently acquired In-person payments provider ExiPay, expanding its enterprise payments offering to encompass both online and [In-person payments](https://www.stitch.money/in-person-payments) through a single, unified platform. Despite the continued growth of e-commerce, in South Africa in [2024, just 6%](https://techcentral.co.za/e-commerce-total-retail-sales-in-south-africa/244263/) of retail transactions took place online, projected to reach 10% in 2025. An increasing number of shoppers indicate they would prefer to shop from a brand that has both a physical and an online store. Consumers continue to demand more seamless, personalised and unified experiences no matter where they choose to shop. With this expansion, Stitch can support multi-lane retail and omnichannel commerce businesses with a truly unified and reliable platform. “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,” said Stitch Co-founder + President, Junaid Dadan. The Stitch In-person payments offering will enable enterprise businesses to leverage the industry-leading Stitch payments platform to accept in-person payments via card present, and offer customers the option to pay with alternative online methods at point of sale. Merchants can switch to Stitch In-person payments using their existing fleet of terminals or leverage Stitch to certify new devices, including P2PE certification. The offering supports all major acquiring banks. The integration is easy, and merchants will benefit from the same flexibility, reliability and white glove support enjoyed by Stitch online payments clients. At the time of acquisition, ExiPay held existing contracts with several enterprise clients and PSPs operating in South Africa and other African markets, including omnichannel retail brand [Bash](https://bash.com/?srsltid=AfmBOoqYXJKyFdzgntwrXvP3P7P5dQ4-8ZRR0lJTMAhmvnV5KGqSWVwZ). With this acquisition, Stitch will serve Bash for both their online and in-person payments needs, and will continue serving other existing ExiPay clients. “At Bash, we’re committed to providing our customers with seamless and reliable payment experiences, both online and in-store. Partnering with Stitch enhances our ability to deliver on this promise by streamlining operations, improving payment success rates whilst offering our customers more ways to pay wherever they shop. We’re excited about the potential this partnership brings to elevate TFG’s omnichannel strategy,” said Luke Jedeikin, Co-Founder and CEO at Bash. Stitch In-person payments will enable card present transactions via the Stitch [card](https://stitch.money/card/) solution - the most reliable in the market, thanks to direct integrations with multiple banks and networks, resulting in automated failovers and higher uptime. Merchants that wish to use Stitch for In-person payments will access the same reliability, and can choose to use Stitch to offer multiple online payment methods at POS or via e-commerce. This solution serves multiple use cases, including: - Retail merchants operating primarily in-store - Retail merchants with an online and in-store presence - Omnichannel merchants looking to unify their offering across channels - Merchants in the financial services or gaming space that are looking to accept payments or wallet top ups from customers in person as well as online Interested merchants can get started quickly, with full, end-to-end support from our customer success and customer solutions teams. Anyone interested can get in touch at sales@stitch.money. Stitch emerged from stealth in February 2021 and has [raised $52 million in total funding](https://techcrunch.com/2023/10/02/stitch-raises-25m-series-a-extension-led-by-ribbit-capital-increasing-the-rounds-total-to-46m/) to date. Today, Stitch infrastructure powers leading global and African businesses across sectors, including MTN, Luno, Multichoice, The Foschini Group (TFG), Vodacom, Cell C, The Courier Guy and more. **DM** For further inquiries, contact thea@stitch.money. ### **About Stitch** Stitch is a payments infrastructure company that helps businesses seamlessly connect to the financial system, so they can deliver a better user experience and optimize operations. Headquartered in Cape Town, South Africa, Stitch launched in February 2021 and has global staff. Stitch offers all popular online payment methods and operates as a Payments Service Provider. Its platform supports a variety of pay-in methods and solutions; financial and payment management solutions; and Payouts. Learn more at [stitch.money](https://www.stitch.money/in-person-payments?utm_source=partner-content&utm_medium=Daily-Maverick&utm_campaign=in-person-payments-promo&utm_content=sponsored-article).