Verve International has integrated contactless payment technology into its cards as part of its ongoing expansion across Africa and the globe, allowing Verve cardholders to pay for financial transactions in record time.
In addition, the payment brand has added 50 new scheme members, bringing the total number of scheme members to 250, which are spread across banks and other financial institutions.
With over 45 million cards in circulation, Verve will be able to provide a seamless and secure payment experience for existing and newly onboarded individuals and businesses who will be able to make payments faster by simply tapping their Verve cards at payment terminals with the contactless feature, including Point of Sale (PoS) terminals at merchant and agent locations.
Verve’s contactless payment card employs cutting-edge security technology to safeguard customers’ personal and financial information via EMV technology.
Verve has risen to the top of the market as a result of these initiatives. The company has always worked hard to develop innovative payment solutions and leverage strategic partnerships in order to provide Verve cardholders with more convenient and secure payment options.
While speaking about the newly onboarded members, Mr Vincent Ogbunude, Managing Director of Verve International, stated that the Verve brand remains committed to providing customers with competitive value in the payment landscape, not just in Nigeria but globally.
We are excited to continue expanding our payment scheme and pushing the frontiers of innovation in the payment industry. We will continue to drive partnerships that do not only simplify payments but also provide topnotch inventive payment experience for Verve cardholders to strengthen the growth of the digital payment ecosystem, he said.
On the Verve contactless card, Mr Ogbunude stated that contactless technology adoption is rapidly increasing, and the Verve brand is proud to be a part of this development by providing its customers with a fast, secure, and convenient payment experience.
As the first EMV-enabled domestic payment card in Nigeria, this card is proudly indigenous. Verve has expanded its acceptance footprint to over 180 countries thanks to strategic partnerships with Discover Financial Services.
Verve has stated its intention to use emerging technologies such as contactless payment to provide cardholders with seamless and secure payment solutions.
Verve’s vision is consistent with that of its parent company, the Interswitch Group, which is to push the boundaries of innovation and create platforms that enable Africans to live more prosperous lives.
