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Visa has announced it will acquire a “significant minority” stake in Nigerian payments platform Interswitch. Interswitch did not provide financial details in its statement but media reports indicate that Visa... more

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Daily News, Issuing & Acquiring, Products, Verve, Verve cards, Verve payment cards -

Nigerian digital payment provider Interswitch is to launch its Verve payment cards in Kenya in 2016 to compete head-on with international card brands and Safricom’s M-Pesa mobile money platform. A strategic partnership with Kenya Commercial Bank (KCB) will expand card acceptance and payment services in 6 key East African markets. “East and West Africa are [...]

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