FINANCE

Cardholders rejoice as Verve launches Global Card in US

&NewLine;<p>Verve&comma; a leading payments technology and card&NewLine;business in Africa&comma; and Discover Global Network&comma; the payments brand of&NewLine;Discover&comma; on August 14&comma; &nbsp&semi;held an event to&NewLine;launch the Verve Global Card&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Cardholders will now have the ability to use&NewLine;their Verve Global Cards on the Discover Global Network which provides&NewLine;acceptance in more than 190 countries and territories&period; This will expand Verve&&num;8217&semi;s&NewLine;existing suite of tailored payment products and solutions for its&NewLine;customers&period;&nbsp&semi;<br>&NewLine;<br>&NewLine;According to a release by African Media Agency&comma; made available to OpenLife&comma; the&NewLine;first transaction occurred on August 14 at Swarovski in New York City&period; Senior&NewLine;executives from First Bank&comma; Access Bank and Fidelity Bank purchased various&NewLine;items from Swarovski using their Verve Global Card on the Discover Global&NewLine;Network&period;<br>&NewLine;<br>&NewLine;The agreement with Discover Global Network will facilitate new international&NewLine;and cross border transaction capabilities for Verve Global Card customers&comma;&NewLine;meeting the needs of its increasingly global customer base&period; Holders of the new&NewLine;card can make payments outside Africa on the Discover Global Network which&NewLine;includes anywhere Discover&comma; Diners Club International and Pulse and affiliate&NewLine;network cards are accepted&period; Verve Global Card also delivers additional benefits&NewLine;to cardholders including broad reward and loyalty schemes&semi; benefits that are&NewLine;available both locally and internationally&period;&nbsp&semi;<br>&NewLine;<br>&NewLine;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<table class&equals;"wp-block-table"><tbody><tr><td><&sol;td><&sol;tr><tr><td><&sol;td><&sol;tr><&sol;tbody><&sol;table>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>Mitchell Elegbe<&sol;strong>&comma; Interswitch Group Managing Director&comma; commented on the announcement&colon;&NewLine;&&num;8220&semi;The agreement with Discover Global Network will enable Verve to compete&NewLine;with other global card offerings&comma; providing cardholders with an enhanced&NewLine;customer experience when transacting globally outside Nigeria&period; Creating a&NewLine;solution which facilitates international payments for our consumers will help&NewLine;to eliminate existing barriers and simplify the process when transacting&NewLine;abroad&period;&&num;8221&semi;&nbsp&semi;<br><br>&NewLine;&&num;8220&semi;It is important to us that we are working with groups around the world to&NewLine;extend acceptance for their cardholders&comma;&&num;8221&semi; said&nbsp&semi;<strong>Ricardo Leite<&sol;strong>&comma;&NewLine;senior vice president of international markets at Discover&period; &&num;8220&semi;At Discover&comma;&NewLine;we recognize the importance of being able to use your card of choice no matter&NewLine;where you are traveling&period;&&num;8221&semi;<br><br><strong>Mike Ogbalu III<&sol;strong>&comma; Verve International Divisional Chief Executive Officer&comma; also commented&NewLine;on the announcement saying&comma; &&num;8220&semi;The launch of the Verve Global Card&comma; provides&NewLine;consumers with the ability to transact globally across the US and other&NewLine;countries&comma; addressing challenges that many Nigerians have experienced while&NewLine;travelling abroad&period; Our partnership with Discover Global Network will help us to&NewLine;optimize the overall experience of every Verve Global card holder by&NewLine;guaranteeing consistent and efficient payment solutions regardless of where&NewLine;they are in the world&&num;8221&semi;&period;<br><br><br><&sol;p>&NewLine;

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