Africa’s
leading integrated digital payment and e-commerce company, Interswitch Group,
has today announced entering a strategic partnership with Gusii Mwalimu Sacco
to allow teachers make seamless transactions through a highly secure chip and
pin payment card.
Effectively,
Interswitch’s Verve debit card opens its Pan-African payment network to over
31,000 members of the Sacco, enabling them to transact from 185 countries across
the world.
Interswitch
Group Kenya Country General Manager, Romana Rajput, said the payments firm is
deepening relations with a wide range of financial services providers to boost
local, international, and cross-border transactions over a secure platform.
“Our
partnership with Gusii Mwalimu Sacco will further help us to reach and empower
more individuals and communities in Africa. As we get more people on our
platforms using our payment solutions, we can understand their challenges
better and create solutions that are tailored for Africa,” she said
Gusii
Mwalimu Sacco draws its membership from the Teachers Service Commission,
universities, National and County governments as well as non-governmental
organizations.
Verve is
accepted on more than 2,000 ATMs and over 10,000 merchant POS stores countrywide,
guaranteeing customers more convenience of completing transactions anywhere,
24/7 affordably.
“This new digital banking solution will meet the unique
needs of our members while still being consistent with international standards
and outlook. It will provide convenience and control beyond cash for the Sacco
members,” said Gusii Mwalimu Sacco Chairman, David Ogega.
The
payment cards also give users the ability to regulate and monitor their
expenses while offering business owners the opportunity to retain existing
customers and attract new ones by offering a more convenient way to pay.
“Verve
is the rewarding way to pay because it not only guarantees easy and convenient
payments, but its users also enjoy consistent rewarding offers like
subscription and payment discounts from their favourite vendors,” added Ms.
Rajput.
Settlement
and transaction tracking is also easier with digital payments which in turn
lead to optimized processes and a more vibrant business.
“I am
confident that with our track record over the years, this partnership would
equally be successful in attracting a very good number of our members and more
importantly improve our quality of service leading to more confidence and
growth of the Sacco,” the Sacco chairman, Mr. Ogega added.
Interswitch
said introduction of the card with its dynamic features is affirmation of its
consistent commitment to making payments easy and convenient across Africa, and
driving strategic partnerships that will position the firm for greater impact on
the continent.
“We will
continue to design and promote payment solutions that provide an enabling
environment for businesses and individuals to prosper across Africa,” she said.
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