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Stitch partners with Vodacom to enable direct bank transfers on VodaPay wallet

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Stitch partners with Vodacom to enable direct bank transfers on VodaPay wallet

Modupeoluwa Olalere by Modupeoluwa Olalere
January 9, 2025
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Stitch partners with Vodacom to enable direct bank transfers on VodaPay wallet

Stitch partners with Vodacom to enable direct bank transfers on VodaPay wallet

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Stitch announced on Tuesday that it has partnered with Vodacom Financial Services to enhance the VodaPay wallet. This collaboration aims to streamline the topping up wallets directly from bank accounts, eliminating the need for physical store visits. 

Read also: How a Centenary Bank customer lost millions in devastating online scam in Uganda

Enhancing user experience

VodaPay, designed to simplify digital transactions, offers online shopping and bill payment services. With Stitch’s secure payment solutions integrated into VodaPay, users can enjoy faster and more reliable transactions. 

Zweli Zulu, Product and Payments Lead at VodaPay, expressed his enthusiasm, “My experience working with Stitch has been phenomenal. From day one, I knew this was going to be a perfect partnership for VodaPay.”

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Stitch’s commitment to excellent support during integration included sending engineers to work alongside the VodaPay team, ensuring a smooth rollout.

A step towards financial inclusion

This partnership enhances convenience and promotes financial inclusion in Africa. By leveraging Stitch’s technology, VodaPay users can access a broader range of financial services, including micro-loans and insurance products, directly within the app. 

Zulu highlighted the importance of this collaboration, “Stitch’s white labelling, secured tokenisation, quick turnaround times, and their commitment to delivering real value make this partnership truly beneficial”.

As VodaPay continues to grow, such partnerships are vital in integrating more users into the digital economy.

Read also: IMF calls for policy reforms to address gender gap in STEM, green jobs

About VodaPay

VodaPay is a digital wallet and super-app developed by Vodacom that is designed to facilitate seamless financial transactions. Launched in 2021, it allows users to send money, pay bills, and purchase at various retailers without incurring fees. As of January 2025, VodaPay has over 3.3 million registered users and features like cash deposits through partner stores. The app enhances financial inclusion by providing accessible digital services to banked and unbanked individuals.

About Stitch

Stitch Money, a South African fintech company founded in 2020, offers technology solutions for digital payments, allowing businesses to connect users’ bank accounts for seamless transactions. Their services include one-click deposits, secure payments, and easy account linking, which enhance user experience and reduce transaction costs.

Stitch promotes financial inclusion by offering low-cost, fraud-free payment options tailored to the African market. As an authorised Third-Party Payment Provider, Stitch partners with merchants and financial institutions to offer budgeting and lending solutions.

Tags: StitchVodacom Financial ServicesVodaPay
Modupeoluwa Olalere

Modupeoluwa Olalere

Modupe is a tech content writer with 3+ years of experience turning complex ideas into clear, engaging stories. She covers innovation, digital trends, and emerging technologies. When she’s not writing, she’s exploring new tools or tracking trends shaping Africa’s tech ecosystem.

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