(Ecofin Agency) - Payment technology company Visa announced on February 13, 2019, the launch of its fintech fast-track program in Africa. This investment falls within the framework of its ambition to develop the next generation of digital payment solutions in the continent.
The programme will offer innovative African fintechs a rapid and simple integration process VisaNet, Visa’s global network. It will also offer a set of digital customs solutions and growth capacities.
Thanks to this programme, African fintechs will be connected to certified Visa platforms and partners, thus offering those startups the possibility to extend their networks via VisaNet.
Let’s note that this program has been successfully implemented in Europe, Latin America and Asia-Pacific region in H2, 2018.
According to Andrew Torre, regional president of Visa for Central and Eastern Europe, Middle East and Africa, the “aim is to connect new players and ideas with our network partners, so that we can deliver intuitive and relevant payment, banking and retail experiences to customers and merchants.”