Interswitch, one of Africa's leading integrated payments and digital commerce companies, proudly announces its Platinum Sponsorship of the second edition of the International Financial Inclusion Conference (IFIC). This prestigious event, organized by the Central Bank of Nigeria (CBN), is scheduled to take place on October 5th and 6th at the Landmark Event Centre in Lagos.

The IFIC, a significant gathering of thought leaders, financial services providers, regulators, development partners, and other financial inclusion stakeholders, aims to deliberate on contemporary developments, address challenges, and propose solutions to foster a more inclusive financial system.

Themed ‘Financial Inclusion for All: Global Insights for Local Impact’, the conference underscores the CBN’s dedication to extending financial services and opportunities to underserved or excluded individuals within the formal financial system.

Interswitch's sponsorship of the conference reflects its unwavering commitment to promoting financial inclusion and sustainable economic development. Mitchell Elegbe, Founder and Group Managing Director of Interswitch expressed the company's mission to make digital payments and financial services accessible to all.

He stated, "At Interswitch, we are driven by a mission to make digital payments and financial services accessible to everyone. The CBN’s International Financial Inclusion Conference aligns perfectly with our vision, and we are delighted to be a part of this global conversation. As a pioneering supporter and enabler of the National Financial Inclusion Strategy, we are indeed pleased to sponsor the International Financial Inclusion Conference and look forward to engaging with other stakeholders and exploring innovative solutions that will move us closer to achieving universal financial inclusion."

The event promises a diverse range of activities, including networking sessions, exhibitions showcasing groundbreaking financial inclusion solutions, the prestigious Financial Inclusion Awards, and stimulating panel discussions featuring industry experts such as Titilola Shogaolu, Managing Director of Interswitch Financial Inclusion Services (IFIS) who will be on one of the panels to discuss ‘Fintech -Enabled Financial Inclusion: Last Mile Solutions’.

Interswitch remains steadfast in its commitment to enhancing financial services and advancing financial inclusion through groundbreaking digital solutions and products and continued collaboration with esteemed industry leaders such as the Central Bank of Nigeria (CBN).

Starting today, Interswitch, Africa’s leading integrated payments and digital commerce company, will support Google Pay on its Interswitch Payment Gateway (IPG) platform. This initiative enables businesses and individuals in Nigeria to benefit from the simplicity and security of contactless payments and digital storage, aligning with the global trend towards more streamlined transactions.

Merchants can now store payment details within Google Wallet. This integration facilitates a smoother checkout process on the Interswitch platform, heightening the user experience. Additionally, the collaboration enables the acceptance of international cards on the Interswitch Payment Gateway, positioning businesses to seamlessly cater to a broader international clientele.

Utilizing Google Pay on the Interswitch platform ensures safer transactions fortified by advanced security measures. This includes industry-standard tokenization where transactions utilize a virtual card number, adding an extra layer of protection against potential fraud. And in cases of misplaced devices, users can quickly safeguard their information using the "Find my device" function.

Muyiwa Asagba, Managing Director, Digital Commerce & Merchant Acquiring at Interswitch, said, "We are proud to align with Google Pay, as it exemplifies our commitment to delivering cutting-edge payment solutions that facilitate seamless transactions for businesses and their customers. By integrating Google Pay into our Payment Gateway, we are empowering businesses to harness the potential of a global customer base while ensuring secure and reliable payments."

“Google Pay provides a fast, easy, and safe way for users in more than 70 countries and territories to pay with their Android phone or Wear OS device,” said Jenny Cheng, Vice President and General Manager, Google Wallet. “Users can simply add their debit and credit cards to the Google Wallet app and feel confident that their financial information is safe and secure when they’re making a purchase or catching a train.”

As a technology-centric company, Interswitch continues to align with brands that hold shared values to drive the evolution of payments across Africa and beyond. The integration with Google Pay is a pivotal step towards transforming the online payment landscape, enabling businesses and consumers to thrive in an interconnected digital world.

Businesses and consumers eager to experience the benefits of Google Pay on the Interswitch Payment Gateway can sign up on the Interswitch platform today.

Verve, Africa’s leading payment cards and digital tokens brand, has joined forces with Moniepoint Microfinance Bank, a fast-growing customer-oriented financial institution, to increase access to financial services for Nigerians through the launch of the Moniepoint Verve Debit Card.

This partnership marks a significant stride towards the revolutionization of personal banking and the deepening of financial inclusion in Nigeria. Moniepoint’s customers can now settle bills and make transactions across payment channels (ATMs, POS terminals, and Websites) in Nigeria.

Cardholders will also be beneficiaries of Verve's reward programs among other exciting promotional initiatives. Verve and Moniepoint's collaboration is a testament to the brands' shared commitment to providing seamless and secure payment options for customers.

Vincent Ogbunude, Managing Director Verve International, Interswitch Group, remarked, "This partnership between Verve and Moniepoint echoes our collective vision to empower every Nigerian with the tools and services needed to participate fully in the modern economy.

"As we journey towards a financially inclusive Nigeria, this collaboration stands as a testament to our commitment to making secure and convenient financial services accessible to all."

Also commenting on the partnership is Babatunde Olofin, Acting MD, Moniepoint MFB, who noted, "We are thrilled to join hands with Verve, as we extend unparallel financial experience businesses have enjoyed from us to their customers and employees as well. This partnership allows us to blend our innovative approach with Verve's expertise, collectively contributing to our goal of making banking services accessible to all, especially those who have been previously underserved."

As forward-thinking brands, Verve and Moniepoint remain steadfast in their pursuit of democratizing access to financial services for Nigerians and Africans as a whole. These financial technology companies continue to seek out mutually beneficial collaborations focused on delivering consistent customer satisfaction.

Interswitch, alongside other Forrester Technology Award recipients will share their success stories at Technology & Innovation EMEA, a leading event for chief information officers, chief technology officers, chief digital officers, and other technology leaders to learn best practices and tools to home in on the technology strategy best suited to fuel their business growth.

Interswitch Group in collaboration with Silicon Valley Product Group (SVPG), Innovate Africa Foundation and WorkNigeria, is proud to announce the 2023 Inspire Africa Conference - the largest gathering of local and international product professionals in Africa.

Africa's leading payment cards and digital tokens brand, Verve, has launched its highly anticipated 4th edition of the Verve Good Life Promo tagged ‘The Verve Good Life Promo 4.0’ to reward its cardholders with exciting gifts and cash prizes.

Under this new arrangement, Google will process Verve transactions within Nigeria. These transactions will be undertaken in Nigerian Naira (NG), and treated as local transactions by the country's banking institutions. As a result, any Nigerian with an Android device and a Verve card now has a streamlined method for making purchases on the Google Play Store.

The Financial Technology Report, a global media authority in the fintech industry, has recognized the Interswitch Group Founder and CEO, Mitchell Elegbe, as one of the top Fintech CEOs for 2023, alongside other industry titans including Dan Schulman, CEO of PayPal, Ryan McInerney, CEO of Visa, and Michael Miebach, CEO of Mastercard.

Verve International, Africa’s 1st and largest domestic payments scheme has yet again announced a remarkable new milestone in its business, firmly consolidating its growing market share in Nigeria - in terms of card issuance and transactions.

…holds singular honour of being the first and only entrepreneur to have won in both emerging and master categories in any region globally.

1. The partnership will increase the number of access points that Equity customers can access banking services.
2. The partnership also enables Equity Bank Uganda ATM machines to accept bank cards of other local participating banks and institutions on the Interswitch network.
3. Equity bank becomes an acquirer for Verve cards adding to its wide portfolio of cards accepted at all Point-of-sale machine locations and ATMs countrywide.

Interswitch Group, Africa’s leading integrated payments and digital commerce company, recently hosted the second edition of its annual Interswitch Career Fair, which took place on May 13, 2023, at the Landmark Event Center in Victoria Island, Lagos.

Interswitch Group, Africa’s leading integrated payments and digital commerce company, has announced the commencement of the fifth edition of its annual InterswitchSPAK National Science competition, a STEM-focused initiative targeted at young Africans.

As part of sustained efforts to create solutions that enable individuals and communities prosper across the continent, Interswitch Group, Africa’s leading integrated payments and digital commerce company, has announced a partnership with Kenyan lender, Credit Bank

Interswitch Group is delighted to align with the Africa Tech For Trade Alliance, a partnership which was cemented at the recently concluded African Tech Summit 2023 in Washington D.C, USA on the 12^th of April.

Africa's leading and most successful payment Scheme, Verve International, has announced a significant milestone in its continuous drive for expansion across Africa and the globe.

Africa’s leading integrated payments and digital commerce company, Interswitch, has achieved a new milestone in transaction volume processing, hitting 1.2 billion transactions in the month of March 2023

Africa’s leading payment cards and digital token brand, Verve, has partnered with Alcineo, a leading provider of payment software and services, to deploy a software point-of-sale (SoftPOS) SDK solution.

The Founder and Group Managing Director of Interswitch, Mitchell Elegbe, has been named the 2023 West African Entrepreneur of the Year (Masters Category), by professional services firm, Ernst and Young (EY).

Interswitch Group, one of Africa’s leading financial technology and integrated payments solution providers has announced receipt of a Payments Service Holding Company (PSHC) License issued by the Central Bank of Nigeria (CBN).