Capitec Pay is a card-free payment method available for Capitec bank account holders. A payment is made directly from a customer's bank account into your Stitch Express account. As one of SA's biggest banks, with over 21 million customers you'll see this become a popular payment method for your store.
Some of the benefits of Capitec Pay are:
It's super convenient - the customer does not need to enter any bank card details
It's highly secure - all transactions must be approved in the Capitec Pay app
It's cheaper - Capitec Pay fees start at 2% per transaction (ex VAT)
How to activate Capitec Pay?
You need to activate Capitec Pay in your Stitch Express dashboard to use it as a payment method.
Checkout this simple how-to video or follow the steps below:
Setting up Capitec Pay:
Open your Stitch Express dashboard
Use the lefthand menu to open the Account page
Scroll to Payment methods
Toggle on the switch for Capitec Pay
A window will pop-up and you will need to accept the Ts and Cs related to Capitec Pay
Once accepted click "Request access"
Once you have requested access, we will share your business details with Capitec
Capitec will take up to 4 business days to decide to activate Capitec Pay for your account
Don't worry, though, we'll let you know when Capitec Pay is active
All your other Stitch Express payment methods will continue to work as per normal