With this statement, it is anticipated that STICPAY, a global provider of e-wallet services and payment gateways, would optimise global payments for Asia's emerging market communities and make them more affordable, safe, integrated, and easily accessible.

Additional details regarding the announcement

STICPAY is a worldwide e-wallet and payment gateway that provides local and international payment options to numerous users, people, and companies in numerous nations worldwide.

The alliances will be formed in China, India, Hong Kong, the Philippines, Singapore, Indonesia, Vietnam, Thailand, and Malaysia. STICPAY has integrated a variety of solutions in these regions, including both conventional and cutting-edge local payment methods. These alternatives included a variety of bank transfer and mobile payment ways in addition to tools like QRIS (Indonesia), MonoPay (Vietnam), PayNow (Singapore), PromptPay (Thailand), Alipay and Wechatpay (China and Hong Kong), GCash (Philippines), PayNow (Singapore), and UPI (India). While adhering to local industry regulations and legislation, the company will prioritise satisfying the needs, preferences, and desires of its clients in the respective regions.

Additionally, by integrating with well-known regional payment providers, the launch will provide STICPAY with access to a larger portion of the Asian populace that will gain from e-wallet services. Along with making it easier and safer for local users to handle their accounts, conduct daily transactions, and pay their bills, this launch is anticipated to give them access to customised, local payment choices that are safe and convenient.

The partnership will also significantly lower or eliminate transaction fees for local payments, making transactions far more affordable than they would be for any outside transactions. In addition to the Asian alliances, STICPAY has announced new agreements with regional payment processors in Australia (PayID) and Colombia (Nequi), with the goal of expanding these ties globally.

The introduction of STICPAY is anticipated to quicken the process of creating a global financial ecosystem that caters to the requirements of clients in various nations and regions worldwide.