Visa undergoes expansion For Fintech Fast-Track In Africa

American multinational financial services corporation, VISA Inc is currently undergoing expansion of its Fintech Fast-Track Programme in Central and Eastern Europe, Middle East and Africa (CEMEA) region in …

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American multinational financial services corporation, VISA Inc is currently undergoing expansion of its Fintech Fast-Track Programme in Central and Eastern Europe, Middle East and Africa (CEMEA) region in an effort to develop the future game changers in digital payment solutions.

Already existing in Europe, Latin America and Asia Pacific, the programme offers innovative Fintechs with a more rapid and simpler integration process with VisaNet, Visa’s worldwide network, plus several digital solutions and growth abilities.

With the Visa Fast-Track programme, Fintechs based in Central and Eastern Europe, Middle East and Africa can now be a part of Visa’s global network in just one month. The programmed is focused on the wants of Fintechs, adjusting to their realities and making provisions for processes that are more rapid, which includes reducing the number of onboarding requirements.

The programme aso connects Fintechs to platforms that are already verified by Visa and affixes Fintechs to banks ready to sponsor them, granting Fintechs with opportunities via the Visa’s global network.

Andrew Torre, Regional President, CEMEA, Visa, had this to say, “The payments ecosystem is evolving at an unprecedented pace with some of the most exciting innovations coming from our region.

“We are actively engaged with passionate, entrepreneurial communities to understand where synergies exist in order to foster and bring new experiences to life in a secure and scalable manner in our pursuit of a digital future.”

In Sub-Saharan Africa, Visa will collaborate with Global Technology Partners (GTP) to sketch and activate turnkey end-to-end packaged solutions in conjuction for the Visa Fintech Fast Track programme.

The enterprise solution will include bin sponsors, issuer processing services, programme management services e.t.c.

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