In a strategic move to expand the acceptance of Verve cards across Africa, the largest Pan-African payment brand, Verve International has announced its partnership with Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) for wider acceptance of Verve EMV cards and payment tokens in Ghana.
The partnership will allow Verve’s about 37 million customers with its payment cards and tokens withdraw cash on ATMs and make purchases on PoS terminals of GhIPSS partner commercial banks, savings and loans institutions, e-zwich agents and merchant aggregators in Ghana.
CEO, Verve International, Mike Ogbalu III said “Verve is committed to Bank of Ghana’s drive to grow secured electronic payments and deepen financial inclusion in Ghana. This is in line with Verve’s goal of providing seamless, borderless payment solutions to facilitate intra-Africa trade and financial exchange.
“We are working in partnership with processors, domestic and regional switches, merchants, merchant aggregators, fintech companies and government institutions. This partnership with GhIPSS is a major leap forward in achieving this goal” he said.
Also speaking on the partnership, CEO GhIPSS, Archie Hesse, said “this partnership marks an important first step in our relations with International Schemes. We share Verve’s vision for intra-African Trade and are happy to be an enabler in that regard. Our role at GhIPSS is to facilitate interconnections that drive frictionless payment experiences for individuals, and businesses alike. The partnership with Verve is just the start of many of such collaborations we intend to pursue going forward.”
Ogbalu III further stated that this move demonstrates Verve’s commitment to deploying convenient services to its customers and support cashless initiatives across Africa. The partnership with GhIPSS is a continuation of Verve’s strategic alliances with key institutions in Africa and around the world.
All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from LEADERSHIP Nigeria Newspapers. Contact: firstname.lastname@example.org
WORLD15 hours ago
White House Unrest Deepens After Omarosa Released Tapes
FEATURED5 hours ago
Odili Finds New Love At 70
NEWS16 hours ago
Gov. Tambuwal Promises To Pay Workers’ Salaries Before Eid-El-Kabir
NEWS3 hours ago
Why We Will Not Change Name Of PDP –Sule Lamido
NEWS4 hours ago
Ibeto ‘s Guber Ambition Divides Niger PDP
NEWS5 hours ago
2019: Obasanjo, Defections Can’t Stop Buhari – Tinubu
NEWS18 hours ago
Cryptocurrency Crashes, As Bitcoin Drops
BUSINESS23 hours ago
Fashola Confirms GenCos’ Implementation Of Eligible Customer Policy