Archives Tag: electronic payment
Interswitch is Now Valued at $1 Billion
April 19, 2022
Interswitch, a leading Nigerian electronics payment company, says that Visa Inc wants to acquire a stake in it. This confirms reports from Monday of a significant partial takeover of interests in the Nigerian company. It’s said that Visa could be taking a 20% stake in Interswitch for $200 million. This price tag values Interswitch at … Continue reading Interswitch is Now Valued at $1 Billion
Mobile Payment in Nigeria Growing – CBN
April 19, 2022
The Director of Banking and Payment System Department, of the Central Bank of Nigeria, Mr Dipo Fatokun, has said that mobile payment is gaining a lot of grounds in Nigeria, and that the policy is being taken beyond cash-in-cash-out remittances and top up. He made this disclosure at a conference in Lagos organised by Leeds … Continue reading Mobile Payment in Nigeria Growing – CBN
By sheyi
BUSINESS E-Commerce ECONOMY News TECH
Visa Plans to Expand Business in Nigeria
April 19, 2022
Visa, Global Financial Services Corporation that operates Visa card, has revealed that it is targeting expansion in Nigeria. The corporation’s newly appointed Group Executive for Central and Eastern Europe, Middle East and Africa, Kamran Siddiqi, visited Nigeria and spoke of their imminent plans in the country and towards the cashless economy. He said, “Nigeria is … Continue reading Visa Plans to Expand Business in Nigeria
By sheyi