Africa Outlook

Visa partners with Paga on payments and fintech



entered into a partnershi­p with Nigeria-based startup Paga, working together on payments and technology.

Paga was founded in Lagos before expanding into West Africa, Ethiopia and Mexico. The company developed a multichann­el network for 14 million Nigerian customers to transfer money, pay bills and make digital payments.

Thanks to the new partnershi­p, Paga account holders are now able to carry out transactio­ns on Visa’s formidable global network.

“We want to expand merchant access to payment acceptance and we want to drive financial inclusion,” said Otto Williams, Visa’s Head of Strategic Partnershi­ps, Fintech and Ventures for Africa.

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