Verve International, the leading African card payment brand has announced its official entry into the Kenyan market at a launch in Nairobi.
The launch included the announcement of a strategic partnership with Kenya Commercial Bank KCB to expand the acceptance of the card and the payment services in six key East African markets.
Verve which is also the biggest payment card in Nigeria with more than 30 million payment tokens, is rapidly expanding issuance and acceptance of the card across the African continent and it is now issued by over 40 banks in Africa. The launch of the operation in Kenya ill extend the verve network into Kenya, Tanzania, Burundi, South Sudan and Rwanda and integration into existing operations in Uganda.
The launch opens the way for Verve card users to enjoy services in Kenya and around the world. In 2013 the company signed partnership agreement with Discover Financial Services, the owners of Diner’s Club, which will give Verve Cardholders access to Discover global network of over 185 countries and territories across the world.
According to Charles Ifedi, the Chief Executive Officer, Verve International, East and West Africa are host to some of the fastest growing economies on the continent and said that Verve is also seeing rapidly expanding trade flows between the two regions and with also increased travel.
For six years, Verve has been Africa’s payment card, helping Africans conduct millions of transactions safely, securely and without hassle every day. As a truly home-grown African payment card, Verve has a system which is built and maintained by Africans to serve the African market and to connect it to retailers across the world.