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Verve cards in Nigeria: CinetPay enters the ecosystem of issuing banks

21/07/2022
Categories: Companies

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In Nigeria, Verve International welcomed its first French-speaking e-commerce and merchant aggregator, CinetPay, into the Verve ecosystem.

This partnership is expected to strengthen Verve's footprint in the region and help merchants accept Verve cards from banking issuers in 13 African countries. CinetPay, the FinTech based in Côte d'Ivoire, provides online and point of sale (POS) payment solutions to merchants to process payments from more than 40 different payment operators in West and Central Africa.

Speaking about the partnership, Verve International CEO Vincent Ogbunude commented; “We are delighted to welcome CinetPay to the Verve network, the next one of a series of strategic African fintech partners that we welcome into our network. In the East African region, the payment system deepened its partnership with KCB Bank of Uganda in a decision that saw the acceptance of the Verve card on KCB Bank's extensive and strategically distributed retail (POS) network in Uganda.

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