VISA’s innovative multi-channel solutions to deepen future of commerce  

Visa a global payments technology company says it would continue to drive the growth of the future of commerce across Africa with mVisa, Visa Checkout, Tokenization and robust risk management solutions.
The company observe that using solution of this nature would drive scalable and safe evolution of payment methods, channels and products.
Emezino Afiegbe, country manager, VISA West Africa said as the “new-age” customers increasingly leave “brick and mortar” outlets to shop online, it is important for customers and stakeholders to embrace the shift from cash to electronic payments.
Afiegbe told Business Day that globally, the company is educating millions of consumers on the benefits of switching to digital payment accounts and incentivising their use to access financial services.
According to him, “our driving theme is to be the best way to pay and be paid by everyone, everywhere. With that as the underlying theme for our strategy what we are interested in is ensuring we have the right partners, in order to be able to proffer solutions that will reach out to as many people as possible”.
He disclosed that with the few programmes they have implemented in Nigeria, VISA want to show that they can work with the right organisations to reach more clusters of people within the unbanked and under-banked section of our society and from there replicate successes and on board more people within that space.
“VISA recently collaborated with one of our partners to lay the groundwork for development of a solution that would enable some persons who were previously underbanked, such as women traders, to be able to have a savings product that speaks to the challenges they were having”
“We have deliberately focused on identifying what kind of technology can work in different environments. A solution like mVisa that would financially include not just those in the urban, sub-urban areas but also in the rural areas, is most appropriate and timely”. He said.

 
KELECHI EWUZIE