Africa's leading
and most successful payment Scheme, Verve International, has announced a
significant milestone in its continuous drive for expansion across Africa and the
globe. The payment brand has onboarded 50 additional scheme members, bringing
the total number of its scheme members to 250, spread across banks and other
financial institutions.
Verve’s position
as a market leader can be attributed to its ceaseless dedication to creating
innovative payment solutions as well as leveraging strategic partnerships that
provide Verve cardholders with more convenient and secure payment options. One of
such options is the contactless payment solution that enables customers complete
transactions in record time.
The integration
of contactless payment technology allows Verve to provide a seamless and secure
payment experience with its over 45 million cards in circulation, for existing
and newly onboarded individuals and businesses who will be able to make
payments faster by simply tapping their Verve cards at payment terminals with
the contactless feature, including Point of Sale (PoS) terminals at merchant
and agent locations.
Verve's
contactless payment card leverages the latest security technology to protect
customers' personal and financial information using the EMV technology.
Speaking on the
newly onboarded members, Vincent Ogbunude, Managing Director, Verve
International stated that the Verve brand remains committed to providing
customers with competitive value in the payment landscape, not just in Nigeria,
but across the globe.
He said “We are
excited to continue expanding our payment scheme and pushing the frontiers of innovation
in the payment industry. We will continue to drive partnerships that do not
only simplify payments but also provide topnotch inventive payment experience
for Verve cardholders to strengthen the growth of the digital payment
ecosystem”.
On the Verve contactless
card, Vincent noted that the adoption of contactless technology is growing
rapidly, and the Verve brand is proud to be part of this development, offering
its customers a fast, secure, and convenient payment experience.
As a proudly
indigenous card, with recognition as the first EMV-enabled domestic payment
card in Nigeria. Verve, through strategic partnerships with Discover Financial
Services, extends its acceptance footprint to over 180 countries.
Verve is
committed to leveraging emerging technologies like contactless payment to avail
cardholders seamless and secure payment solutions. Verve’s vision aligns with
that of its parent company, the Interswitch Group, pushing the frontiers of
innovation and creating platforms through which Africans are enabled to live
more prosperous lives.
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