Absa and Visa Deepen Partnership to Fuel Digital Payment Innovation in Africa
Absa Group and Visa have reaffirmed their commitment to driving digital transformation across Absa’s Regional Operations (ARO) through the renewal of their strategic collaboration. This renewed partnership aims to foster the growth of innovative, inclusive, secure, and digitally-enabled financial payment ecosystems throughout the African continent.
Expanding Digital Access and Financial Inclusion
The agreement, officially signed in Johannesburg, signifies a pivotal moment in the long-standing relationship between Absa and Visa. Their collaboration has historically been a catalyst for innovation and increased financial inclusion across Africa. Michael Berner, Head of Southern and East Africa at Visa, highlighted the significance of this regional expansion, stating it “continues to challenge conventions and redefine the possibilities within financial services.” He emphasized the shared dedication to expanding digital access and Visa’s commitment to supporting Absa’s innovation with its global expertise and technology. Their combined efforts will focus on delivering seamless experiences to Absa’s customers.
The strengthened alliance between Absa and Visa promises to accelerate the adoption of digital payment solutions and promote greater financial inclusion for individuals and businesses across Africa. By leveraging Visa’s global technological capabilities and Absa’s deep understanding of the African market, this partnership is poised to drive significant advancements in the region’s financial landscape.
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