Visa launches Sub-Saharan innovation hub in Kenya to drive product development

KENYA – Global digital payments company Visa has opened its first African Innovation Studio in Kenya, its first in Africa and sixth globally, after posts in Dubai, London, Miami, San Francisco and Singapore. The new centre has been designed to support Visa partners in the region with access to develop solutions that strengthen their capabilities to develop fintech products. It…

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Payment service provider i2c partners with Visa for fintech processing in MENA region

MENA – i2c Inc, a global provider of highly-configurable digital banking and payments solutions, has announced its partnership with Visa, as a fintech processor in the MENA region. The partnership will allow fintech in the region to access Visa’s global network as well as i2c’s agile issuing and processing platform by tapping into the combined companies’ suite of digital-first solutions…

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Crédit Agricole Egypt extends partnership with Visa for 5 years

EGYPT – Crédit Agricole Egypt, an Egypt-based bank, has announced that it has signed a new five-year partnership agreement with Visa, a multinational financial services corporation. Under the new agreement, Visa and Crédit Agricole will continue to cooperate to provide innovative card payment solutions. “At Credit Agricole Egypt, our priority is our customer’s satisfaction, while ensuring the bank’s continuing growth,”…

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Fintech Carbon partners Visa to offer digital and physical issuance of Visa cards

NIGERIA – Carbon, a pan-African fintech company, has announced a strategic five-year partnership with Visa, the world leader in digital payments, to offer both digital and physical issuance of Visa cards to its customers. Carbon is launching Visa debit cards in the third quarter of 2021, roughly a year after shifting from being a leading digital lending company to becoming…

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E-commerce booms in South Africa, Nigeria and Kenya – Visa

SSA – Report by global payments solution company Visa, shows that over the last three years, South Africa, Nigeria and Kenya have maintained their positions as the top three market contributors to e-commerce in the Sub-Saharan Africa region. In 2020, West African nation Ghana also broke ground, tied in third place with Kenya. The report dubbed “E-commerce developments across Sub-Saharan…

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Hubtel partners Visa for seamless payments of its eCommerce platform

GHANA – Hubtel, an indigenous eCommerce & SMS messaging company, has entered into a partnership with Visa, to expand access to seamless payments on its eCommerce platform. This partnership with Visa provides consumers with access to more merchant services on Hubtel’s eCommerce platforms. It also allows Hubtel to explore further innovative payment services such as “tap to phone,” amongst others,…

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Visa Pledges to achieve net-zero emissions by 2040

WORLD – Global payments technology company Visa, has announced a new global commitment to reach net-zero emissions by 2040, and that it achieved carbon neutrality across its operations in 2020. Visa also outlined plans to become a climate-positive company through new partnerships and expanded initiatives to support sustainable commerce and the transition to a low-carbon economy beyond the company’s own…

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Ethiopia’s Dashen Bank partners Visa to launch an e-commerce platform

ETHIOPIA – Financial institution Dashen Bank has announced that it will launch Amole e-commerce gateway using Visa Cyber Source infrastructure to acquire Visa, Mastercard and American Express cards. The Amole e-commerce gateway will be the first e-commerce gateway in Ethiopia to accept all three major international cards with the promise to expand by acquiring and developing additional digital payment methods.…

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Visa appoints Maurice Newa as new managing director for Southern Africa cluster

SOUTH AFRICA – Global payments group Visa, has appointed Maurice Newa as the new managing director of the Southern Africa cluster, a statement from the group has said. Newa would be responsible for the development and implementation of Visa’s growth strategy in the region and report to Aida Diarra, senior vice-president, and head of sub-Saharan Africa, and would be part…

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UCB launches first ever visa card in Sudan as symbol of reintegration in global economy

SUDAN – United Capital Bank (UCB), one of the leading financial institutions in Sudan that offers a wide range of financial products and services to corporates, has launched the first ever visa card in the country. Sudanese Prime Minister, Dr. Abdalla Hamdok, hailed the first Visa card issued in Sudan as a symbol of Sudan’s long-awaited reintegration in the global…

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