Nigerian Payment Card, Verve makes has entered into the Kenyan market after launching in Nairobi yesterday.
Verve launched through a strategic partnership with Kenya Commercial Bank (KCB) to expand the card’s acceptance and payment services in six key East African markets of Kenya, Tanzania, Burundi, South Sudan, Rwanda and Uganda, where it already has a footprint.
Verve is the biggest payment card brand in Nigeria with more than 30 million payment tokens, and is currently issued by over 40 banks in Africa.
Verve International is pursuing acceptance of the Verve card around the world and in 2013 the company signed a partnership agreement with Discover Financial Services (DFS), which owns Diner’s Club. This gave Verve cardholders access to the Discover global network of over 185 countries and territories across the world.
According to Charles Ifedi, Chief Executive Officer, Verve International, East and West Africa are host to some of the fastest growing economies on the continent, and an expansion of Verve acceptance across Africa and around the world is part of the long-term strategic vision for our business.[Via Tech Cable]