STICPAY’s money transfer solution is now available in over 100 countries

STICPAY, a global e-wallet service provider and payment gateway, has announced the expansion of its money transfer service to over 100 countries.

In an effort to meet the needs of users who want to transfer money worldwide, STICPAY scaled the number of countries and currencies it provides money transfers to, with a focus on providing more optimized and transparent payments. The service now includes payments in over 150 currencies, equipping users with the ability to send and receive money to bank accounts through digital and mobile wallets and cash.

The expansion comes months after STICPAY integrated Visa and Mastercard debit and credit card payment processing into its platform, with the move providing over 5,000 merchant and business customers with scaled flexibility in handling their payments. In addition, the service enabled merchants who lacked the infrastructure to process Visa and Mastercard payments on their websites to do so by integrating the STICPAY API.

Meeting the cross-border needs of users

Via STICPAY’s platform, users can now track payments and at the same time benefit from more visibility on fees and estimated delivery times. The company plans to deliver the new features to residential and business customers, and the launch comes at a time when cross-border transactions are becoming more efficient. Commenting on the announcement, STICPAY representatives emphasized that the launch comes at a time when both their company’s consumer and business customer bases continue to expand. Additionally, STICPAY highlighted its commitment to optimizing its offerings and equipping users with more transparency, ease of use and security. Through these improvements, the company intends to advance its mission to scale access to financial services to more individuals and countries globally.

Back in July 2024, STICPAY also introduced STIC Cashback, a cashback service for customers who traded with Forex and CFD brokers. The solution enabled customers to earn cashback by engaging with a broker partner via STIC Cashback, where the amount was based on the customer’s trading volume. Afterwards, the cashback was set to be automatically credited according to the schedule set by each broker and secured by STIC Cashback.