Verve Partners Discover Global to Launch International Transaction

  • Verve Partners Discover Global to Launch International Transaction

One of Africa’s leading payments technology companies, Verve, has partnered Discover Global Network to launch the Verve Global Card.

The partnership signed in New York on August 12, 2019, will give Verve Global Card cardholders the opportunity to use their cards in more than 190 countries and territories.

Verve is Interswitch Group’s innovative card scheme, offering products and solutions that enable consumers to transact all over Nigeria and across international markets. As the first African card scheme to be recognized as a valid, globally accepted e-payment gateway, we have built a world-class value chain ecosystem that benefit from the services that we provide.

Senior executives from Access Bank, Fidelity Bank and First Bank performed the first transaction on Monday at Swarovski in New York City.

The Verve Global Card can now be used anywhere Discover Global Network, the payments brand of Discover, operates.

Speaking on the partnership, Mitchell Elegbe, Interswitch Group Managing Director, said: “The agreement with Discover Global Network will enable Verve to compete with other global card offerings, providing cardholders with an enhanced customer experience when transacting globally outside Nigeria. Creating a solution which facilitates international payments for our consumers will help to eliminate existing barriers and simplify the process when transacting abroad.”

“It is important to us that we are working with groups around the world to extend acceptance for their cardholders,” said Ricardo Leite, senior vice president of international markets at Discover. “At Discover, we recognize the importance of being able to use your card of choice no matter where you are traveling.”

Verve International Divisional Chief Executive Officer, Mike Ogbalu III,  who also spoke on the partnership and new Verve reach, said: “The launch of the Verve Global Card, provides consumers with the ability to transact globally across the US and other countries, addressing challenges that many Nigerians have experienced while travelling abroad. Our partnership with Discover Global Network will help us to optimize the overall experience of every Verve Global card holder by guaranteeing consistent and efficient payment solutions regardless of where they are in the world”.

About the Author

Samed Olukoya
CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and, with over a decade long experience in the global financial market. Contact Samed on Twitter: @sameolukoya; Email: [email protected]

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