STICPAY Wins at TrustFinance Awards 2023: Best Global e-Wallet Service Provider

STICPAY Wins at TrustFinance Awards 2023: Best Global e-Wallet Service Provider

Dec 21 2023

In a momentous announcement by the TrustFinance Awards committee, we are thrilled to share that STICPAY has emerged victorious, clinching the esteemed title of Best Global e-Wallet Service Provider 2023. This prestigious accolade is a testament to STICPAY's unwavering commitment to revolutionizing payment solutions on a global scale.


The TrustFinance Awards committee commended STICPAY for its cutting-edge payment innovations, acknowledging the significant impact the company has made in transforming the way businesses and individuals conduct financial transactions worldwide. STICPAY's dedication to providing secure, efficient, and user-friendly payment solutions stood out among the competition, setting a new standard for excellence in the financial industry.


Elevating Payment Experiences


One of the standout features that propelled STICPAY to this distinguished victory is its eWallet & Instant Payments solution. This feature exemplifies STICPAY's dedication to delivering its clients' most advanced and seamless local and international payment experiences. The company's commitment to innovation shines through in this exceptional feature, showcasing a forward-thinking approach to the ever-evolving landscape of digital finance.


Exceptional Achievements Recognized


STICPAY's selection as the winner of the 2023 TrustFinance Award for Best Payment Innovation is rooted in the company's outstanding achievements and noteworthy contributions to the financial industry. The panel of judges was particularly impressed by STICPAY's dedication to innovation and excellence, acknowledging the company's pivotal role in driving positive change within the sector.


STICPAY’s CEO, Sean Park ,captures the essence of our mission with these insightful words:


We are honoured to have won the Best Payment Innovation award at the annual TrustFinance awards, which follows a hugely memorable year for STICPAY, our clients and the wider fintech payments industry.


We are delighted that in 2023 we registered hundreds of new e-commerce, forex and gaming merchants around the world, with particularly strong growth across Africa and South America.


We also registered a considerable increase in users around the world, with certain emerging markets - especially African markets - seeing a huge uptake in Sticpay users. Across Malawi, Benin, Uganda, Egypt, Kenya, Pakistan STICPAY user numbers increased by more than 100%, while in Ghana we saw the number of users increase by more than 330%.


2023 also saw us expand our operations through both new licence acquisitions and the launch of a number of new strategic partnerships.


In April, we were thrilled to acquire both a Mauritius FSC licence and a Labuan FSA licence that enabled us to extend our services to clients across more than 200 countries.


In September, we announced partnerships with nearly 40 new payment providers to help increase underbanked communities' access to money across Asia, Africa and South America. A further strategic partnership was then established with Binance Pay which enabled STICPAY users to trade, send and transact in more than 70 leading cryptocurrencies at a lower cost and more quickly than before.


Finally, we were towards the end of this year delighted to form a new strategic partnership with Ness LAB, a pioneering research company dedicated to building a blockchain-based information economy. Under the new partnership, STICPAY will support the deposit and withdrawal of Ness LAB's tokens, NESS, to its more than one million users within its e-wallet service.


Today, we are proud to support more than one million users and over 5,000 merchants in more than 200 countries worldwide. For us, this is just the beginning - and as both the world's consumers and merchants increasingly turn towards seamless, borderless, digital payment methods, we believe that our achievements in 2023 are just the beginning.


We already have exciting merchant and user news in the pipeline for 2024, including a new gaming cashback service, a new and improved STIC Card, new payment methods and expanded merchant partnerships. Watch this space!


STICPAY's triumph at the TrustFinance Awards 2023 is a moment of celebration for the company and the entire industry. As the Best Global e-Wallet Service Provider, STICPAY continues to set the bar high, demonstrating that innovation, commitment, and excellence are not just ideals but the driving forces behind a transformative financial future. Congratulations to STICPAY for this well-deserved recognition, and here's to a future filled with continued success and groundbreaking achievements in the world of digital finance.


About STICPAY


STICPAY is a leading global e-wallet and payment gateway that provides local and international payment methods to over one million users and 5,000 corporate clients across more than 200 countries. 


STICPAY enables users to transfer dozens of fiat and cryptocurrencies through bank wire, credit card and local payment and crypto methods. For online merchants with global customers, STICPAY securely facilities international e-commerce transactions. For individuals, STICPAY provides a fast, safe and cost-effective transfer service, including for those using non-major currencies. STICPAY also provided thousands of trusted partners in the forex and online gaming sectors with cashback services, empowering them to provide cashback rewards to their clients.


Founded in 2018, STICPAY is licenced by the UK Financial Conduct Authority Labuan Financial Services Authority and the Mauritius Financial Services Commission. 


About TrustFinance 


TrustFinance has the vision to build trustworthy financial companies. We are a digital platform bringing businesses together to build trust and inspire collaboration. We are open to everyone and built on transparency for businesses and consumers.


TrustFinance provides reviews to help clients with investing and financial confidence. Moreover , we also provide comprehensive insights to help businesses improve the experience they offer. The more users use our platform and share their opinions and experiences, the more insights we can offer to businesses, the better. Additionally, the chances of gaining the trust of users from all over the world will also be greater. TrustFinance is neutral between users and the company. We are not taking sides with both users and companies to provide a reliable platform for disclosure and auditing.


About TrustFinance Awards


The TrustFinance Award Program aims to celebrate remarkable achievements and best practices in the financial sector. Their market research team carefully assesses companies across various categories and subcategories, such as financial advisement, banking, insurance, cryptocurrency, and more. Through this thorough assessment process, they distinguish those that have shone in their fields, motivating others to emulate them and drive more positive impact in the industry.