Visa has partnered with Nigerian payments technology platform Paga.
In Brief:
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Paga was founded in Lagos and scaled in West Africa.
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It has a multichannel network for 14mn customers in Nigeria.
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People can use the tool to transfer money, pay bills and buy things digitally through the mobile app or agents.
What does this mean?
Paga account holders will now be able to transact on Visa’s global network. Both companies will work together to develop technology and aim to drive larger payments volumes for both companies. The partnership also reflects Visa’s priorities in Africa.
