The Nigerian banking community is now in panic mode following threat by Egmont Group to suspend the country from its network. If the threat is carried out, millions of Nigerian visa and master cards holders will no longer be able to handle international transactions with their cards. Egmont Group is a united body of 155 […]
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Visa Inc.’s fiscal fourth-quarter profits rose 11 percent, the company said Wednesday, as the company continued to benefit from the purchase and integration of Visa Europe, as well as an increase of more customers spending on Visa’s payment network. The San Francisco-based company said it earned $2.14 billion, or 90 cents per share, compared with […]
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Uber and Visa have agreed to a multi-year strategic agreement that aims to grow digital commerce across Africa. According to the companies, the partnership leverages both technology platforms to encourage the use of electronic payments among consumers across the continent. Under the agreement, Visa will work with its financial institution partners to set up debit […]
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Aside from its resolve to promote financial inclusion in Nigeria, Fidelity Bank Plc says it is targeting increased earnings following its partnership with the world largest payment network, Visa, on its mVisa new payment solution. mVisa is the first mobile payment solution that will operate through the use of the Quick Response code. Through this […]
Read More GLOBAL electronic payments company Visa, in partnership with United Bank of Africa Plc (UBA), have announced the launch of “SmartMoney”, a 21st century banking solution comprising a prepaid card and a mobile app for the African market. The two global brands said the partnership brings together Visa Inc’s trusted payments technology and SmartMoney’s mobile app […]
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