• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
Thursday, June 30, 2022
Leadership News
Read in Hausa
  • Home
  • NewsLatest
    • World News
    • ASUU News
  • Politics
  • Business
  • Sports
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
  • Columns
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Podcast
No Result
View All Result
  • Home
  • NewsLatest
    • World News
    • ASUU News
  • Politics
  • Business
  • Sports
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
  • Columns
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Podcast
No Result
View All Result
Leadership News
No Result
View All Result
Home News Business

Interswitch, Compass Plus Partner To Ease Payments Across Africa

by Royal Ibeh
1 week ago
in Business
0
Interswitch
Share on WhatsAppShare on FacebookShare on TwitterTelegram

Interswitch and Compass Plus Technologies have announced a partnership to further strengthen Interswitch’s payment card processing capacity in Africa.

The strategic partnership will see Interswitch utilise TranzAxis, an award-winning, token-based, cloud-native and API first open development payments platform developed by Compass Plus with innovation at its core, for Verve, Visa and Mastercard credit card processing.

This collaboration forms part of Interswitch’s comprehensive response to the evolving and constantly expanding demand by the African market and will boost its presence across the continent as it continues to deliver on its promise as the gateway to Africa’s payment ecosystem.

Currently, six banks across Africa have been onboarded on the new platform, resulting in a major collaboration with Sterling Bank of Nigeria to launch the first Verve credit card in the country.

Commenting on the collaboration with Compass Plus Technologies, the managing director, Payment Processing and Switching (Interswitch Purepay), Akeem Lawal said: “we are pleased to announce this partnership with Compass Plus Technologies which aligns with our commitment to making payments easy and convenient.

“Migrating our card processes to the TranzAxis platform will allow us to further improve our service offerings as we remain focused on providing cutting-edge solutions that optimize service delivery.”

RELATED

Sokoto Islamic Clerics Extol Osinbajo’s Leadership Qualities

Federal Govt Commends Bank Of Industry, Others On SMEs Intervention

13 hours ago
FAAN To Discuss Nigeria Aviation Challenges At Maiden Conference

Dana Introduces Additional Flights On Lagos, Abuja Routes

13 hours ago

Lawal said Interswitch will continue to leverage strategic partnerships like this that will position the company for greater impact on the African continent.

Vice president & deputy managing director, MEA at Compass Plus Technologies, Adil Ahmed, said: “we are delighted to partner with Interswitch, one of the biggest processors in Africa. Interswitch has always strived to drive positive change in the region, and now that they have TranzAxis to support their ambitions, they will continue to revolutionise Africa’s payments space in the region, further strengthen the Verve payments network, and manage their Visa and Mastercard credit card business more efficiently.”

By utilising TranzAxis, Interswitch can rely on its extensive API capabilities for seamless integration, which significantly accelerates time to market.

It also provides operational workflows to segregate system set up in compliance with rules and controls required to scale and meet unique market requirements.

The new platform has been deployed in one of Interswitch Group’s technology hubs domiciled in Nairobi, Kenya, and will have the capability to process transactions for Interswitch clients across Africa, with localised instances for each country carefully tailored to meet clients’ unique needs.


HOW MY CHINESE DOCTOR RECOMMEND THIS MAGIC DRUGS THAT HELP WOMEN PREVENT AND TREAT BREAST CANCER AND ALSO HELP MEN PREVENT AND CURE PROSTRATE ISSUE PERMANENTLY WITHOUT SIDE EFFECTS AND REMISSION!!INEVER BELIEVE IT!!
SendShareTweetShare
ADVERTISEMENT
Previous Post

Rising Church Attacks Unacceptable, Says President Buhari 

Next Post

Guild Seeks Committee On Health Communications

ANOTHER GOOD READ

Sokoto Islamic Clerics Extol Osinbajo’s Leadership Qualities
Business

Federal Govt Commends Bank Of Industry, Others On SMEs Intervention

13 hours ago
FAAN To Discuss Nigeria Aviation Challenges At Maiden Conference
Business

Dana Introduces Additional Flights On Lagos, Abuja Routes

13 hours ago
NYSC To Release 2022 Batch ‘B’ Call-up Letters On Sunday
Business

Corps Members To Benefit From Unity Bank’s N1m Grant  

13 hours ago
NESG Holds Expert Forum On Food Safety
Business

NESG, AERC Urge Affordable Medical Services For More Nigerians

16 hours ago
FEC Okays NNPC, ECOWAS’ Nigeria-Morocco Gas Pipeline Deal
Business

FEC Okays Reforms To Aid N3.8trn Non-oil Revenue Growth Annually

19 hours ago
OPEC
Business

OPEC Likely To Raise Production In August

19 hours ago
Next Post
Guild Seeks Committee On Health Communications

Guild Seeks Committee On Health Communications

LATEST UPDATES

Duncan Daniels Set To Release First Single Off His 6th Album

Duncan Daniels Set To Release First Single Off His 6th Album

June 30, 2022
Chibok

Army Rescues Another Kidnapped Chibok Schoolgirl, Ruth Bitrus, In Borno

June 30, 2022
Tela

JUST-IN: Bauchi Deputy Gov, Tela, Denies Resignation 

June 30, 2022
Tears As Kaduna Catholic Priest Killed By Terrorists Is Buried In Kaduna

Tears As Kaduna Catholic Priest Killed By Terrorists Is Buried In Kaduna

June 30, 2022
Okorocha

Okorocha Seeks Court’s Permission To Travel Abroad For Medicals

June 30, 2022
Buhari

In Portugal, Buhari Reiterates Commitment To Credible Elections

June 30, 2022
Boko Haram

JUST-IN: 3 ‘Boko Haram’ Members Jailed In South Africa

June 30, 2022
Policemen

JUST-IN: 2 Policemen Feared Dead As Gunmen Attack Checkpoint In Enugu

June 30, 2022

© 2022 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • World News
    • ASUU News
  • Politics
  • Business
  • Sports
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
  • Columns
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Podcast

© 2022 Leadership Media Group - All Rights Reserved.