Visa, has entered into partnership with Ecobank, to roll out “mVisa,” an innovative mobile payment service in 33 African markets by year-end. Mvisa enables consumers to pay for goods and services for their everyday expenses from groceries to taxi services by simply scanning a QR code on a smart phone or entering a merchant identification number into their feature phones, just as it addresses the need for a convenient, low cost acceptance payments service throughout the continent.
To successfully enable mVisa across Sub-Saharan Africa, the service would be launched in key markets such as Nigeria, Ghana, Kenya and Tanzania.
In a statement, Group country manager, Visa in Sub-Saharan Africa, Mr. Andrew Torre, said that the partnership would enable Ecobank offer an interoperable mobile payment service with real benefits to drive digital transformation across the continent.
