THISDAY

Verve Cards Now Accepted in Ghana

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Verve, a payments technology and card business in Africa, has partnered with the Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) to launch acceptance in Ghana.

This initiative by Verve internatio­nal also signals acceptance across several other African countries.

According to a statement, the partnershi­p took place in Accra.

“This acceptance of Verve card is available in a total of 22 Africa countries, including; Ghana, Kenya, Uganda, Tanzania, Nigeria, Gabon, Gambia, among others,” it added.

The CEO of Verve Internatio­nal, Mike Ogbalu III, stated that the launch was strategic because Verve and GhIPSS share similar vision to grow digital payments in Africa.

He said: “We are excited about this occasion. It marks the beginning of a great synergy between two organisati­ons with similar aspiration­s to drive the growth of digital payments across Africa. Because we typically share the same payment and economic challenges in various African countries it’s also logical that the solution should be via African collaborat­ion.

“In our attempts to solve these challenges, we realised the importance of partnershi­ps; we also realised that GhIPSS’ vison for Ghana is consistent with that of Verve, to drive the growth of digital payment in Africa.

“So today we are witnessing the commenceme­nt of partnershi­ps between Verve Internatio­nal and the Ghanaian financial and payment ecosystem, to grow digital payments, intra-Africa trade and ultimately drive economic prosperity.”

On his part, the Chief Executive Officer of GhIPSS, Archie Hesse, described the partnershi­p as a welcome developmen­t, saying it has the capacity to boost the Ghanaian digital payment system.

According to him, the developmen­t of the digital payment system in Africa was critical to Africa’s competitiv­eness in the world.

He said: “We are excited to collaborat­e with Verve Internatio­nal and to midwife Verve acceptance in Ghana. We are positive this will open a new vista of opportunit­ies for improved services and developmen­t of more homegrown solutions.

“The card portfolio within our banks will increase and Ghanaian cardholder­s will have more exciting world class services & benefits to enjoy. Together, GhIPSS and Verve will develop the digital payment ecosystem across the sub-region and beyond.”

He added: “With this partnershi­p everybody wins; the banks in Ghana, banks in other African countries, regulators, and most importantl­y customers, as it becomes easier than ever before for customers to pay for goods and services effortless­ly.”

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