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Card to card transfer … here’s the latest addition to Nigeria’s FinTech environment

Card to card transfer … here’s the latest addition to Nigeria’s FinTech environment
March 23
20:59 2018

You can now transfer money from debit card to debit card without the stress of handling cash or complex bank shortcodes.

The service was launched on Friday by PaySend in its new partnership with Access Bank.

“We are delighted to be expanding into Nigeria and to be working with Access Bank. To have reached over 60 countries in such a short time is excellent and we look forward to a long and fruitful partnership,” Ronald Millar, PaySend CEO, said in a statement.

“Nigeria is one of our first African partners, and we definitely see great potential in the region.

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“We are working together with Access Bank to expand our coverage across the country, and into other African countries to develop a broader offering in the region.”

Victor Etuokwu, executive director at Access Bank, Nigeria, said: “Accessibility is important in our business and we see this partnership as vital to connecting our customers to their increasingly globalised network, whether they be business contacts, friends or family.”

At present, PaySend’s technology works for all Visa, Mastercard and Verve cards issued by Access Bank in Nigeria. The service was launched 12 months ago.

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Access Bank has over 368 branches and service outlets across Nigeria, Sub Saharan Africa, the United Kingdom and Dubai.

 

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