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

To meet the needs of users who want to transfer money around the world, STICPAY has scaled the number of countries and currencies to which it transfers money, focusing on providing more streamlined and transparent payments. The service now includes payments in over 150 currencies and offers users the ability to send and receive money to bank accounts via digital and mobile wallets as well as cash.

The expansion comes months after STICPAY integrated Visa and Mastercard debit and credit card payment processing into its platform. This move offers over 5,000 merchants and corporate customers greater flexibility in managing their payments. Additionally, the service enabled merchants that did not have the infrastructure to process Visa and Mastercard payments on their websites to do so by integrating the STICPAY API.

Meeting users’ cross-border needs

STICPAY’s platform now allows users to track payments while benefiting from greater transparency on fees and estimated delivery times. The company plans to make the new features available to private and corporate customers. 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 base continues to grow. In addition, STICPAY underlined its commitment to optimizing its offerings and providing users with greater transparency, usability and security. Through these improvements, the company intends to further advance its mission of expanding access to financial services to more individuals and countries around the world.

Additionally, back in July 2024, STICPAY launched STIC Cashback, a cashback service for customers who traded with Forex and CFD brokers. The solution enabled clients to earn cashback by partnering with a broker partner through STIC Cashback, with the amount based on the client’s trading volume. Subsequently, the automatic crediting of cashback was set according to the schedule set by each broker, which was ensured by STIC Cashback.