Paga Partners Visa
Paga, an emerging markets mobile money and payment platform has announced a new strategic partnership with Visa, which will enable both companies work closely in accelerating mobile payments in markets where Paga operates. The partnership would be inline with Visa’s goals to drive alternative payment channels, in this case, mobile wallets, within its global ecosystem. For Pa ga, partnering with Visa is one step further in its global expansion plans and through the partnership ,“all Pa ga account holders would have access to Visa credentials( physical and virtual cards) tied to their Pa ga accounts and thus the ability to trans act anywhere in the world Visa is accepted ”. Both companies are also working together to launch a number of innovative merchant acceptance solutions, which range from QR codes and NF C for instore merchant payments, online payments, and international remittances all processed through Visa’ s network. Speaking on the new partnership, Founder and Group CEO, Pa ga, Ta yo O vi os us aid ,“We are excited to partner with Visa, a leader in payments globally, as they are constantly building world-class solutions for consumers and businesses. “Our goals are well aligned. As we scale our wallet across emerging markets such as Nigeria, Mexico, and Ethiopia, partnering with Visa to give both consumers and businesses, who have been under served, access to Visa’ s global network made sense to us. Furthermore, it was clear to us in all our engagements the alignment of our goals towards solving the issues of cash, digitizing cash transactions and delivering financial services using new and innovative approaches. We are very happy to have signed along-term relationship with Visa ”. Merchants who use Paga’s payment collection suite will also benefit from this partnership.