Facebook Twitter LinkedIn RSS
    Trending
    • Nigeria: TikTok removes 3.6 million videos over community guidelines violations
    • NEWMARK partners PRGN to host World PR Day event in Lagos
    • Tribute to late former President, Muhammadu Buhari GCFR
    • deVere Group predicts Bitcoin to hit $125K amid surging political and regulatory support
    • Samsung raises smartphones’ bar with launch of Galaxy Z Fold7, Flip 7 and Flip 7R
    • Jumia replatforms its retail media program to Mirakl Ads to enhance marketplace advertising
    • Nigeria targets 95% digital literacy by 2030
    • The $200 billion quest for reliable electricity, By Elvis Eromosele
    Facebook Twitter LinkedIn
    ITPulse.com.ngITPulse.com.ng
    • News
    • Interviews
    • Blogs
    • Analysis
    • Opinion
    • Videos
    • Press Releases
    • Pictures
    • Advertise
    ITPulse.com.ngITPulse.com.ng
    Home»News»Verve launches SoftPOS to boost contactless and digital payment
    News 2 Mins Read

    Verve launches SoftPOS to boost contactless and digital payment

    mmBy ITPulseMarch 29, 2023
    Facebook Twitter WhatsApp Pinterest LinkedIn Reddit Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    In partnership with Alcineo, Verve has deployed a software point-of-sale (SoftPOS) SDK solution, a cost-effective solution that will enable merchants to use mobile phones or mobile devices to accept contactless payments from customers, without the need for additional hardware, thereby giving predominance to mobile channels.

    The SoftPOS solution will leverage Verve’s secure payments platform and Alcineo’s expertise in payment software development to provide a seamless and secure payment experience for both merchants and customers. The solution is expected to be particularly beneficial to small and medium-sized enterprises (SMEs) often faced with the challenges of accessing traditional point-of-sale systems.

    “We are excited to partner with Alcineo to deploy this innovative SoftPOS solution in Nigeria. Alcineo’s expertise in payment software development will be instrumental in ensuring that the solution is secure, reliable, and easy to use for both merchants and customers,” Vincent Ogbunude, Managing Director of Verve International.

    He noted that as the foremost indigenous payment card brand out of Africa, Verve continues to find innovative ways to ensure that Nigerians get access to easy and convenient payment options. He added that the partnership will significantly impact the growth of Nigeria’s digital payment ecosystem.

    The SoftPOS deployment in Nigeria is expected to further strengthen and contribute to the growth of digital payments in the country, across Africa and in other regions where the Verve card is accepted.

    The partnership also aligns with Nigeria’s efforts to promote financial inclusion and increase the adoption of digital payments. According to the Central Bank of Nigeria, only 36.8% of Nigerian adults have access to formal financial services. SoftPOS solutions like the one being deployed by Verve and Alcineo have the potential to increase access to payments infrastructure and support the growth of the digital economy.

    The SoftPOS SDK solution being deployed by Verve and Alcineo has the potential to increase access to payment infrastructure and support the growth of the digital financial system. This partnership represents an important development in the African payments landscape and a positive step towards increasing the accessibility and security of digital payments in Nigeria.

    Digital Payment SoftPOS Verve
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    mm
    ITPulse
    • Website
    • Facebook
    • Twitter
    • LinkedIn

    ITPulse is a wholly information technology communication (ICT) news website, with a special focus on the African continent. The website provides up-to-date biz-tech news, analysis and comprehensive and thorough insight into the continent's ICT terrain

    Related Posts

    Nigeria: TikTok removes 3.6 million videos over community guidelines violations

    July 15, 2025

    NEWMARK partners PRGN to host World PR Day event in Lagos

    July 15, 2025

    deVere Group predicts Bitcoin to hit $125K amid surging political and regulatory support

    July 14, 2025

    Leave A Reply Cancel Reply

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Latest Posts

    Nigeria: TikTok removes 3.6 million videos over community guidelines violations

    July 15, 2025

    NEWMARK partners PRGN to host World PR Day event in Lagos

    July 15, 2025

    Tribute to late former President, Muhammadu Buhari GCFR

    July 15, 2025
    About
    About

    Itpulse.com.ng is a wholly information technology communication (ICT) news website, with special focus on the African continent. The website provides up-to-date biz-tech news, analysis and a comprehensive and thorough insight info the continent's ICT terrain.

    Contact us: editorial@itpulse.com.ng

    Facebook Twitter LinkedIn RSS
    Latest Posts

    Nigeria: TikTok removes 3.6 million videos over community guidelines violations

    July 15, 2025

    NEWMARK partners PRGN to host World PR Day event in Lagos

    July 15, 2025

    Tribute to late former President, Muhammadu Buhari GCFR

    July 15, 2025
    Popular Posts

    NEWMARK partners PRGN to host World PR Day event in Lagos

    July 15, 2025

    Nigeria: TikTok removes 3.6 million videos over community guidelines violations

    July 15, 2025

    Tribute to late former President, Muhammadu Buhari GCFR

    July 15, 2025
    © 2017 - 2025 Itpulse. Designed by Max Excellence.
    • Terms & Conditions
    • Privacy Policy
    • Advertise
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.