VISA

Total 14 Posts

Partnering with fintech startups will help banks accelerate transformation

Many banks are partnering with fintech startups to help them digitalize, enabling them to expand their services and reach more customers at the same time.

Research reveals the top drivers of e-commerce in Africa

The world has become more digital as people have been bound home more due to the various lockdowns across the continent. This has translated into significant growth of e-commerce across Africa.

Potential of digital payments across Africa

According to the Visa COVID-19 CEMEA Impact Tracker, contactless payments and eCommerce shopping grew exponentially, with merchants and consumers showing a sustained preference for digital payments.

Guarding against internet overlords

The duopolistic Mastercard and Visa payment processor hegemony poses a huge threat to the internet, while over the last few years, the dangers of the power held by Big Tech and governments have been under scrutiny - they shouldn't be the only ones.

Interswitch has officially confirmed that Visa will be buying a 20% stake

Confirmed: Visa be buying a 20% stake in Nigeria's Interswitch, a company focussed on the digitisation of payments in Nigeria and other countries in Africa, for $20 million, valuing the FinTech giant at $1 billion.

Visa to buy a 20% stake in Nigeria's Interswitch for $200 million

Visa is looking to buy 20% of Nigerian FinTech giant, Interswitch, for $200 million. This is in anticipation of Interswitch's IPO on the London Stock Exchange in 2020.

Libra loses support as major companies pull out

Probably worrying for Libra is that these withdrawals mean that the Libra Association is now left without any major global payments companies as members, something that could prove to be a hurdle should Libra want to facilitate and process payments from them.