Verto
Switchcare
Professional ServicesStanchion is a leading global PayTech solution provider.
Stanchion powers payment change by offering advanced payment integration capabilities that focus on enabling the modernisation, transformation, accelerated innovation, and efficient management of payment systems.
Over the past two decades, since our establishment in South Africa in 2001, we have expanded our offerings and solutions across the globe, and now boast offices in South Africa, Australia, United Kingdom, United Arab Emirates, United States and Israel.
Stanchion’s Payment Fabric offers advanced integration capabilities that enables Issuers to deliver new functionality.
Payment Fabric technology extends the life of existing investments by modernising, transforming, accelerating innovation, and improving operations.
“Amidst this ongoing digital revolution, our organisation’s services and solutions allow our customers to grow and innovate within their businesses.”
Steven Kirrage
CEO, Stanchion
Stanchion’s ongoing innovation legacy
Our Establishment
Stanchion was initially incorporated in 2001, when the growing need for payment solutions at a time of rapid industry change was identified in the marketplace. Initially, the focus was on switch management services, but that soon evolved into also offering payment switch capabilities which meant it acquired its own switch. As the payments landscape grew and evolved, so too did Stanchion, adding development skills to its expanding portfolio.
Our Global Footprint
From 2011, we began growing our global footprint, opening offices first in the Middle East, followed quickly by branches in Europe, the US and APAC. At the same time, Stanchion’s team of experts grew, drawing on talent from around the world to bolster their consulting and services offerings and skills.
Our Legacy
In 2020, Steve Kirrage took over the reins as Global CEO. With his decades of retail and payments industry experience, Steve has continued Stanchion’s legacy of identifying opportunities in the dynamic and changing payments landscape and aligning our offering to meet these changes.
It is this agility, innate entrepreneurial spirit, and ability to continually adapt and transform services that has enabled Stanchion to retain its standing as a leading global PayTech solution provider in an increasingly competitive space.
Our dynamic team of specialists
Key to Stanchion’s legacy of growth and success is our team of industry experts with years of PayTech experience who are committed to engaging our customers as trusted partners. They have an eye for opportunity, the agility to innovate and adapt to trends, and the ability to mastermind tech solutions to overcome industry shortfalls.
Our global team of payment specialists have an intimate understanding of the complex needs of payments businesses giving them the insights and resources needed to collaborate with our vast range of high-profile clients, from banks and retailers to credit unions, card schemes, payment processors, and payment systems around the world. Testament to this is the long and strong customer relationships with Blue Chip clients, as their payments needs and the needs of customers change. We pride ourselves on engaging with clients to work together to satisfy the increasing demand in the marketplace for complex and comprehensive, forward-thinking digitised payments solutions that perfectly match their requirements.
Steven Kirrage
Chief Executive OfficerSteven founded the UAE division of Stanchion and was promoted into the Group CEO position. He holds over 30+ years’ experience in the payment industry and has successfully created the new product-focussed strategy for the business.
Connect with me on linkedinDeon van Biljon
Chief Operations OfficerDeon has over 20 years’ experience in the payments industry. Having worked for ACI for many years, he has travelled extensively and gained exposure to many different markets. Deon spent the last five years running the UK office and creating the teams that support the SwitchCare product.
Connect with me on linkedinPierre Aurel
Chief Product OfficerPierre has close to 20 years’ experience in the Fintech and PropTech sectors, having built numerous products ranging from Digital KYC (Know Your Customer) through to SoftPOS. He holds an MBA and is passionate about fintech and the innovation value chain.
Connect with me on linkedinChris Pappas
Chris is an entrepreneur that has founded and led successful technology businesses before. He holds 30+ years of commercial negotiation and sales management.
Connect with me on linkedinNorman Frankel
Chief Growth OfficerNorman has 30 years’ payments experience. Having founded a payments business and led the business through to an IPO (Initial Public Offering) on the FTSE, Norman knows how to scale a business.
Connect with me on linkedinRussell Clegg
Chief Financial OfficerRussell is a CA(SA) chartered accountant with prior finance leadership experience in large multinationals. He has vast experience in shareholder relations and financial reporting across multiple jurisdictions.
Connect with me on linkedinOur partners
Stanchion continuously looks for industry-leading partners to complement and augment its solutions to meet customer demand in a fast-changing environment.
Security plays a key role in most of Stanchion’s offerings, and Futurex provides the required data encryption, fraud protection, financial and general purpose encryption solutions. In partnership since 2013, the Stanchion and Futurex relationship has gone from strength to strength, given the importance of security in the payments world.
Stanchion’s partnership with INETCO gives customers access to industry-leading payment analytics and fraud technology. Simplified payment data acquisition, allowing SPOG visualisation across multi-channel banking and payments environments, is an essential part of Stanchion’s focus and is available through this offering.
In addition, the partnership allows Stanchion to deliver a unique fraud solution that combines an application layer firewall with a real-time payment fraud detection and blocking system.
Stanchion is continuously looking for opportunities to increase productivity and efficiency.
Paragon’s portfolio of testing solutions delivers the features, flexibility, and control required by Stanchion to help customers improve time to market for new products and services, expand test coverage, and enhance quality.
In payment environments where near real-time disaster recovery is required (instead of instantaneous failover), Stanchion offers a niche Application-Aware Business Continuity solution.
The Neverfail technology stack provides the automated resiliency, instant failover, and proactive protection needed by Stanchion to create a world-class solution.
The fast pace of change in the payment industry requires constant innovation and the ability to adapt to changing customer requirements.
In phos, Stanchion found a partner on the leading edge of delivering new technology to merchants. Combining the phos SoftPOS solution with Stanchion’s payments integration capability created a strong value proposition in the payment acceptance domain.
