Verve expands contactless payment acceptance to deepen financial inclusion

Verve is expanding its contactless acceptance payment in a bid to deepen financial inclusion and offer a more seamless solution to expedite transactions at various merchant locations across Nigeria.

The digital payment solution provider said in a statement that the key benefit of this contactless card lies in its tap-and-go functionality, which significantly reduces the time spent at checkout counters, providing a smoother, more efficient payment experience for everyday purchases.

According to Verve, these contactless cards are now accepted on a wide range of payment terminals, making it easier than ever to utilize this technology. These include terminals provided by Opay, PalmPay, Global Accelerex, Interswitch, and Paystack.

“This widespread acceptance means that cardholders can confidently use their Verve Contactless Cards in numerous retail environments, from grocery stores and pharmacies to restaurants and fuel stations. The goal is to provide seamless payment solutions wherever you go,” it said.

Commenting on the new card, Vincent Ogbunude, managing director, Verve International, stated: “At Verve, we remain committed to driving innovation in digital payments while ensuring our cardholders enjoy secure and hassle-free transactions.

“The growing acceptance of our contactless solutions reflect our dedication to advancing financial inclusion and enhancing payment experiences.”

Verve Contactless payments offer several notable advantages that enhance the overall shopping experience. First, they speed up transaction processes, cutting down the time needed to complete a purchase.

Customers can quickly tap their card on a contactless-enabled terminal, enter their PIN, and finalize the transaction without delay, allowing them to focus on other important matters.

Additionally, these cards incorporate security technologies to protect customers’ financial information. Users are required to enter a PIN to authorize transactions, adding an extra layer of security, providing peace of mind with every purchase.

The Verve Contactless Card offers extensive use cases, compatible with terminals from several payment solution providers, including Opay, PalmPay, Global Accelerex, Interswitch, and Paystack, increasing its usability across different platforms and ensuring that more merchants can cater to the growing demand

The integration of Verve Contactless Cards with Opay, PalmPay, Global Accelerex, Interswitch, and Paystack terminals reflects the ongoing efforts to enhance the payment experience for Verve customers. By embracing this technology, Verve aims to provide a seamless and secure payment solution for everyday transactions.