LONDON, March 3. STICPAY, the award-winning fintech company, announces a safe, convenient payment solution for merchants to connect with customers on the Asian market. With a yearly growth of over 300%, a user-friendly customer approach, and partnerships with local financial institutions, STICPAY – named by Payments Awards as the Best Digital Wallet of 2019 – is an attractive solution for users in Asia and beyond, serving customers globally across 200+ countries, including Japan, China, Indonesia, France, and the United Kingdom.
A global player at heart, STICPAY is centered around its clients’ needs and prized for its simplicity and reliability, offering 24/7 worldwide customer support and featuring over 15 languages on its platform, with further ones to be added soon. While the fintech payments solution is gaining popularity among end-users from all over the world, a growing number of merchants are utilizing the e-wallet service in industries, such as eCommerce, FOREX, online gaming.
Regulated by the UK’s Financial Conduct Authority (FCA), STICPAY offers a next-generation digital wallet service to customers that reduces their costs and creates a fast, convenient solution for international payments by eliminating intermediaries and forming strong partnerships with local Asian banks and financial networks. In addition to the cost-efficient domestic bank wires featuring one-business day withdrawals in ten countries – currently available in Japan, South Korea, China, the Philippines, Indonesia, Malaysia, Singapore, Australia, Canada, Vietnam, with support for additional countries coming soon – and the support of 28 different local currencies (merchants have access to all currencies with one account), STICPAY customers can also select from a wide variety of payment methods, including credit cards (Visa, Mastercard), UnionPay China, and cryptocurrencies (Bitcoin, Litecoin, and Ethereum) – STICPAY charges a competitive, 1% fee for crypto currency payments.
STICPAY’s services are available through multi-platform apps, using API connections to facilitate frictionless transactions. In addition to featuring an FCA-regulated UK license, STICPAY guarantees the safe storage of user savings in segregated accounts, with uninterrupted access to their funds, and a possibility of immediate withdrawals to external accounts. To facilitate low-cost currency conversions, the fintech e-wallet solution utilizes USD as the base currency, providing an advantage over competitors that use EUR. While there is a fee for currency conversions on the platform, STICPAY users pay approximately half the costs of exchanging currencies than at competitor services.