Visa partners with Paga on payments and fintech

VISA HAS

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.