South Africa: Stitch Group Acquires Efficacy Payments, Secures DCSP Designation to Offer Card Acquiring Services

South Africa: Stitch Acquires Efficacy Payments to Offer Direct Card Acquiring

𝐒𝐭𝐢𝐭𝐜𝐡 𝐚𝐜𝐪𝐮𝐢𝐫𝐞𝐬 𝐄𝐟𝐟𝐢𝐜𝐚𝐜𝐲 𝐏𝐚𝐲𝐦𝐞𝐧𝐭𝐬, 𝐬𝐞𝐜𝐮𝐫𝐞𝐬 𝐃𝐂𝐒𝐏 𝐝𝐞𝐬𝐢𝐠𝐧𝐚𝐭𝐢𝐨𝐧 𝐭𝐨 𝐨𝐟𝐟𝐞𝐫 𝐜𝐚𝐫𝐝 𝐚𝐜𝐪𝐮𝐢𝐫𝐢𝐧𝐠 𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬.

Stitch Acquires Efficacy Payments, Becomes South Africa's First Fintech DCSP

Stitch acquires Efficacy Payments to become a direct card processor

Stitch makes second acquisition of 2025, buys Efficacy Payments to deepen card services

Implementing the President's "Department of Government Efficiency" Cost Efficiency Initiative