Facebook Twitter LinkedIn RSS
    Trending
    • NCSC 2025: CSEAN received the cybersecurity research excellence award
    • GEFAS unveils new office to deepen digital engagement for Anambra people
    • Telecom operators raise alarm over soaring theft of critical infrastructure
    • NCC introduces framework for agile and forward-looking authorization processes
    • NDPC and Meta legal battle continues over $32.8 million data privacy sanction
    • Galaxy Backbone remains strategic partner in civil service digitalisation reforms – Walson-Jack
    • Konga launches exclusive 30-day Starlink promo and free nationwide delivery
    • Pre-orders Samsung Galaxy Z Fold7 and Flip7 Series on Konga
    Facebook Twitter LinkedIn
    ITPulse.com.ngITPulse.com.ng
    • News
    • Interviews
    • Blogs
    • Analysis
    • Opinion
    • Videos
    • Press Releases
    • Pictures
    • Advertise
    ITPulse.com.ngITPulse.com.ng
    Home»Blogs»Verve: Powering Africa’s payment evolution for over 15 years
    Blogs 3 Mins Read

    Verve: Powering Africa’s payment evolution for over 15 years

    mmBy ITPulseJuly 7, 2025195 Views
    Facebook Twitter WhatsApp Pinterest LinkedIn Reddit Tumblr Email
    Verve
    Share
    Facebook Twitter LinkedIn Pinterest Email

    For over 15 years, Verve has been a leading force in Africa’s digital payment revolution, offering secure, fast, convenient, and reliable payment solutions tailored to the continent’s unique realities. Launched to meet the pressing need for a card scheme tailored to African markets, Verve has grown into a trusted household name, with over 85 million cards issued and a presence in several African countries, expanding its consumer appeal across the continent.

    Verve’s story began with a challenge; existing international card solutions struggled to meet the needs of Africa’s diverse and dynamic markets. Issues like regulatory complexity, limited infrastructure, and inconsistent connectivity posed serious barriers. Verve responded with purpose-built solutions engineered to perform where others couldn’t, delivering stability, security, and interoperability for consumers and institutions alike.

    From its roots in Nigeria, Verve has steadily expanded its reach and impact. Today, the Verve network powers millions of transactions daily across ATMs, POS terminals, web, retail outlets, online and offline platforms, while remaining grounded in its commitment to local relevance and innovation.

    Now with a network of over 350 members, Verve has earned deep trust across the banking and fintech sectors. Its continued growth underscores a broader narrative: Africa is not just adopting digital payments, it’s shaping them.

    Furthermore, strategic partnerships with companies like Manipal and Cardforte have enabled the production of eco-friendly Verve cards, allowing Verve to align with global sustainability goals without compromising on durability or security.

    Driving innovation and regional integration: Verve’s expanding footprint

    Verve continues to evolve with the changing expectations of today’s consumers. Recognizing the growing demand for speed and convenience, the brand introduced contactless payment solution, allowing cardholders to tap-to-pay for quicker, more secure and convenient transactions. Over 30 million Verve Contactless cards have been issued, and the contactless cards are accepted in about ninety percent terminals across Nigeria. This feature underscores Verve’s commitment to enhancing user experience through innovation rooted in local relevance.

    Breaking barriers to cross-border payments

    One of Verve’s most strategic advancements in recent years is its focus on enabling seamless cross-border payments within Africa. Through a landmark partnership with GIM-UEMOA, the regional switch for the West African Economic and Monetary Union, Verve became the first Nigerian and African card scheme integrated into a major regional payment network. This integration connects over 130 million people across eight West African countries.

    With this breakthrough, Verve cardholders can now perform transactions including withdrawals from ATMs, and more, across the UEMOA region.

    This dual strength, regional relevance and collaborations with global brands such as Google, Spotify, Temu, AliExpress, Uber, Facebook Ad, Netflix, amongst others, sets Verve apart as a uniquely African success story in the digital payments space, with a future focused on deeper financial inclusion and continental interoperability

    payment evolution 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

    Tribute to late former President, Muhammadu Buhari GCFR

    July 15, 2025

    Samsung raises smartphones’ bar with launch of Galaxy Z Fold7, Flip 7 and Flip 7R

    July 10, 2025

    A2P messaging license to cost N10 million, NCC announces

    July 9, 2025

    Leave A Reply Cancel Reply

    Subscribe to Updates

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

    Latest Posts

    NCSC 2025: CSEAN received the cybersecurity research excellence award

    July 19, 2025

    GEFAS unveils new office to deepen digital engagement for Anambra people

    July 19, 2025

    Telecom operators raise alarm over soaring theft of critical infrastructure

    July 17, 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

    NCSC 2025: CSEAN received the cybersecurity research excellence award

    July 19, 2025

    GEFAS unveils new office to deepen digital engagement for Anambra people

    July 19, 2025

    Telecom operators raise alarm over soaring theft of critical infrastructure

    July 17, 2025
    Popular Posts

    GEFAS unveils new office to deepen digital engagement for Anambra people

    July 19, 2025

    Telecom operators raise alarm over soaring theft of critical infrastructure

    July 17, 2025

    Why trust is the real currency in Nigeria’s digital asset market – By Emelia Sunday-Edet

    July 16, 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.