
Visa Selects Four North African Fintechs in $1 Billion Africa Accelerator Program
Visa’s Africa Fintech Accelerator includes four North African startups, supporting digital financial inclusion and SME growth in Egypt and Morocco.
Visa’s Africa Fintech Accelerator includes four North African startups, supporting digital financial inclusion and SME growth in Egypt and Morocco.
Visa and BLOM BANK launch the CEMEA region’s first Digital Onboarding solution, streamlining account opening via the eBLOM app in Lebanon. Powered by Visa Consulting & Analytics, it enhances user experience and supports digital banking transformation.
Chari, a Moroccan retail-tech startup, has partnered with Visa to enhance financial inclusion and innovation in Morocco’s fintech ecosystem. The collaboration aims to expand Visa’s presence, facilitate digital payments, and integrate more merchants into the formal financial system, contributing to a more inclusive and accessible economic landscape.
Maroc Telecom has partnered with Visa to enhance digital payments and financial inclusion in Morocco and across Africa. The collaboration integrates Visa services with MT Cash, Maroc Telecom’s mobile money solution, aiming to expand digital financial services and support Africa’s digital transformation.
VISA’s expansion in Pakistan, including office growth and partnerships with 1-Link and PayPak, has been recognized for enhancing financial inclusion and digital payments. Finance Minister Aurangzeb praised VISA’s role in accelerating Pakistan’s digital transformation and assured the government’s support in resolving operational challenges to strengthen the payment ecosystem.
Visa has partnered with Fonepay to introduce Scan to Pay in Nepal, allowing international travelers to make secure payments at over 1.5 million merchants using their Visa cards via Fonepay’s QR code system. This collaboration enhances the digital payment experience for tourists and supports financial inclusion in Nepal.
Visa has partnered with Google to enable Visa cardholders in Jordan to add their cards to Google Wallet, supporting contactless payments via Android and Wear OS devices. This integration promotes the adoption of digital payments, enhancing security and convenience for locals and tourists, while advancing Jordan’s cashless transaction shift.
Visa’s report highlights Bangladesh’s growing digital payment adoption, with 14% increased spending and 17% more transactions in 2024. Dhaka leads this growth, while other cities like Gazipur and Rajshahi also show progress. Online and contactless payments drive the shift, with strong growth in both domestic and international transactions.
Visa has introduced its Tap to Add Card feature in Kuwait, revolutionizing digital payments by allowing users to seamlessly and securely add Visa contactless cards to digital wallets. This feature enhances convenience, reduces fraud risk, and simplifies card onboarding for both users and issuers, supporting the future of frictionless payments.
Visa has introduced Apple Pay in Egypt, offering a secure and convenient digital payment solution. The service allows Visa cardholders to make contactless payments using iPhones and Apple Watches, and it supports online and in-app transactions. The launch reflects Visa’s commitment to driving digital payment innovation in Egypt.