VAIDS

Friday, April 17, 2015

Africa to see the Largest increase in e-payments between now and 2016 – Visa

EpaymentVisa, an international electronic payment company, sponsored the Prepaid Summit Middle East event for the sixth consecutive year in 2015. The event was held in Dubai. Uniting over 150 leading participants, the conference is a regional standard for the electronic payments industry.

After the awards ceremony, UBA Cameroon was crowned the winner of the “Prepaid Innovative Product of the Year” award for its innovative “Cobranded Student ID Visa Prepaid” concept, which aims to provide universities and students with a multi-function Visa card.


Speaking on the presentation of the “Prepaid Innovative Product of the Year” award to UBA Cameroon, Mohamed Touhami el Ouazzani, general manager of Visa for Morocco and Francophone Africa, said: “I am very happy that UBA Cameroon has been recognised for its efforts in support of the development of electronic payments. Africa is the continent that will see the largest increase in electronic payments between now and 2016. In this area, Visa offers numerous innovation-based mobile banking services and solutions through its partnerships with financial institutions and international mobile phone businesses, notably via Samsung Pay and Apple Pay.

Africa to see the largest increase in e-payments between now and 2016 – Visa“Thanks to Visa Token Service technology, these two new services will facilitate secure payments with a broad range of connected devices. They will replace the sensitive payment account information contained on plastic cards with a digital account number that can be stored in complete safety on mobile devices and used to pay for purchases in stores or through apps.”

No comments:

Post a Comment

Share

Enter your Email Below To Get Quality Updates Directly Into Your Inbox FREE !!<|p>

Widget By

VAIDS

FORD FIGO