Verve, a leading payments technology and card business in Africa, and Discover Global Network, the payments brand of Discover, on August 14, held an event to launch the Verve Global Card.
Cardholders will now have the ability to use
their Verve Global Cards on the Discover Global Network which provides
acceptance in more than 190 countries and territories. This will expand Verve’s
existing suite of tailored payment products and solutions for its
customers.
According to a release by African Media Agency, made available to OpenLife, the
first transaction occurred on August 14 at Swarovski in New York City. Senior
executives from First Bank, Access Bank and Fidelity Bank purchased various
items from Swarovski using their Verve Global Card on the Discover Global
Network.
The agreement with Discover Global Network will facilitate new international
and cross border transaction capabilities for Verve Global Card customers,
meeting the needs of its increasingly global customer base. Holders of the new
card can make payments outside Africa on the Discover Global Network which
includes anywhere Discover, Diners Club International and Pulse and affiliate
network cards are accepted. Verve Global Card also delivers additional benefits
to cardholders including broad reward and loyalty schemes; benefits that are
available both locally and internationally.
Mitchell Elegbe, Interswitch Group Managing Director, commented on the announcement:
“The agreement with Discover Global Network will enable Verve to compete
with other global card offerings, providing cardholders with an enhanced
customer experience when transacting globally outside Nigeria. Creating a
solution which facilitates international payments for our consumers will help
to eliminate existing barriers and simplify the process when transacting
abroad.”
“It is important to us that we are working with groups around the world to
extend acceptance for their cardholders,” said Ricardo Leite,
senior vice president of international markets at Discover. “At Discover,
we recognize the importance of being able to use your card of choice no matter
where you are traveling.”
Mike Ogbalu III, Verve International Divisional Chief Executive Officer, also commented
on the announcement saying, “The launch of the Verve Global Card, provides
consumers with the ability to transact globally across the US and other
countries, addressing challenges that many Nigerians have experienced while
travelling abroad. Our partnership with Discover Global Network will help us to
optimize the overall experience of every Verve Global card holder by
guaranteeing consistent and efficient payment solutions regardless of where
they are in the world”.
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