Facebook Twitter LinkedIn RSS
    Trending
    • Anambra State wins four awards at NCCIDE Meeting in Jos
    • CeBIH 2025: PalmPay’s MD Chika Nwosu calls for deeper financial inclusion
    • Optimus AI Labs leverages ‘OMNIS,’ to transform apps into intelligent experience hubs
    • How Nigerian companies are leading a more responsible digital transformation
    • AHEAD Africa HealthTech Hackathon fuels next generation of digital health innovation
    • COUCH 2025 Grand Finale: Student Geniuses Take Center Stage, Fueling Government Push for Research to Market
    • Five challenges finance cybersecurity might face in 2026
    • Vestergaard and Harvestfield partner to build Nigeria’s first mosquito net factory, boosting malaria fight
    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

    PSR Honours Hilary Damissah with Nigerian Achievements Awards

    December 7, 2025

    Making quality education attainable for all African children

    December 5, 2025

    Verve strengthens leadership position in driving digital payment with 100 million cards

    December 3, 2025

    Leave A Reply Cancel Reply

    Subscribe to Updates

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

    Latest Posts

    Anambra State wins four awards at NCCIDE Meeting in Jos

    December 12, 2025

    CeBIH 2025: PalmPay’s MD Chika Nwosu calls for deeper financial inclusion

    December 11, 2025

    Optimus AI Labs leverages ‘OMNIS,’ to transform apps into intelligent experience hubs

    December 10, 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

    Anambra State wins four awards at NCCIDE Meeting in Jos

    December 12, 2025

    CeBIH 2025: PalmPay’s MD Chika Nwosu calls for deeper financial inclusion

    December 11, 2025

    Optimus AI Labs leverages ‘OMNIS,’ to transform apps into intelligent experience hubs

    December 10, 2025
    Popular Posts

    Anambra’s digital leap transforming governance with AI and Data

    December 7, 2025

    KPMG Conference Decodes Nigeria’s GAID: DPOs Learn to Drive Business Value from New Data Privacy Rules

    November 24, 2025

    Anambra State wins four awards at NCCIDE Meeting in Jos

    December 12, 2025
    © 2017 - 2025 Itpulse.
    • Terms & Conditions
    • Privacy Policy
    • Advertise
    • Contact Us

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