Verve Card Expands Payment Scheme, Integrates Contactless Payments

Emma Okonji

Africa’s payment scheme, Verve International, has on-boarded 50 additional scheme members, bringing the total number of its scheme members to 250, spread across banks and other financial institutions.

Verve’s position as a market leader can be attributed to its ceaseless dedication to creating innovative payment solutions as well as leveraging strategic partnerships that provide Verve cardholders with more convenient and secure payment options. One of such options is the contactless payment solution that enables customers to complete transactions in record time.

The integration of contactless payment technology allows Verve to provide a seamless and secure payment experience with its over 45 million cards in circulation, for existing and newly on-boarded 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 leverages the latest security technology to protect customers’ personal and financial information using the EMV technology.

Speaking on the newly on-boarded members, Managing Director, Verve International, Mr.Vincent Ogbunude, stated that the Verve brand would remain committed to providing customers with competitive value in the payment landscape, not just in Nigeria, but across the globe.

He said: “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 top notch inventive payment experience for Verve cardholders to strengthen the growth of the digital payment ecosystem.”

He noted that the adoption of contactless technology was growing rapidly, and the Verve brand remained proud to be part of the development, offering its customers a fast, secure, and convenient payment experience.