VISA CARD OPENS REGIONAL OFFICES IN ABIDJAN & COTE D'IVOIRE, SET TO LAUNCH mVISA IN LAGOS


Visa, a global payments technology company, on Monday said it had opened its regional headquarters for Western and Central Africa in Abidjan, Cote D’Ivoire.

According to the company, Visa employees will work with local governments, financial institutions and merchants to bring the benefits of electronic payments, and introduce new payment technologies such as mVisa to more people in Cote D’Ivoire and the wider Western and Central Africa cluster.

“mVisa is also going to be launched in Lagos, Nigeria later this year,” it said in a statement.


It also said, “While Visa’s network, VisaNet and associated products are already available across the region, this is the first time that Visa has invested in a full-time presence and expertise on the ground; and it is the first global payment network to do so.

“Visa is investing in placing resources in market in order to make its global payments expertise available to the region’s governments, financial institutions and merchants.

 This is critically important to pave the way for the introduction of new technologies such as mVisa, a QR code-based mobile payment solution designed to accelerate electronic payments in emerging markets.”

It added, “The deployment of people, technology and expertise will also help Visa accelerate its 2015 commitment to the World Bank to include more people in the formal financial system, helping to build globally connected and sustainable economic growth.”

The Minister of Planning and Development of Cote D’Ivoire, Mrs. Kaba NialĂ©, while commenting on investment, said, “We welcome the opening of Visa’s regional office in Abidjan.

We will be pleased to work in partnership with Visa in the development of electronic payments and the acceleration of financial inclusion in Cote d’Ivoire. These topics are priorities for our country and it is a development plan programme.”


The Minister of Finance and Economy, Cote D’Ivoire, Mr. Adama KonĂ©, said, “The opening of a Visa office in Abidjan is a positive signal to Cote D’Ivoire, and the region as a whole.

We have common challenges, such as the financial inclusion and modernisation of our economies.”

“Having a physical presence in the region of a player such as Visa should contribute greatly to addressing these issues. We will work with Visa in this direction.”

Visa’s Country Manager for the region, Ismahill Diaby, said, “By investing in a physical presence in Cote D’Ivoire, we are working to fulfil Visa’s brand promise to be the best way to pay and be paid, for everyone, everywhere.

“We are looking forward to bringing payments experience from wider Africa, and indeed globally, to accelerate the digitisation of commerce in West and Central Africa, enabling more inclusion in the formal financial system.”
VISA CARD OPENS REGIONAL OFFICES IN ABIDJAN & COTE D'IVOIRE, SET TO LAUNCH mVISA IN LAGOS VISA CARD OPENS REGIONAL OFFICES IN ABIDJAN & COTE D'IVOIRE, SET TO LAUNCH mVISA IN LAGOS Reviewed by Review Rites on 21:57 Rating: 5

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