L-R: Mitchell Elegbe, Founder/GMD, Interswitch Group, Joseph Hurley, Snr. Vice President, Payment Services, Discover Financial Services, Francis Gbenga Shobo, Deputy Managing Director, First Bank, Olubusola Osilaja, Divisional head, eBusiness, Access Bank, Martins Izuogbe, Divisional Head, Operations, Fidelity Bank, Diane Offereins, Executive Vice President, Payment Services, Discover, Chuma Ezirim, Group Executive, Retail & E-Business, First Bank, and Mike Ogbalu, Divisional CEO, Verve, at the Verve Global Card Launch in New York, on Monday.
Verve Card now acceptable in US, 189 other countries, say Executives
In partnership with Discover Global Network, the payments brand of Discover, Verve has launched a Verve Global Card which enables users to transact businesses in 190 countries including the United States.
Verve International Divisional Chief Executive Officer, Mike Ogbalu III, said the Verve Global Card would solve myriad of challenges that Verve users encounter when abroad. “The launch of the Verve Global Card, provides consumers with the ability to transact globally across the US and other countries, addressing challenges that many Nigerians have experienced while travelling abroad. Our partnership with Discover Global Network will help us to optimize the overall experience of every Verve Global card holder by guaranteeing consistent and efficient payment solutions regardless of where they are in the world”.
Interswitch Group Managing Director, Mitchell Elegbe, commented on the announcement: “The agreement with Discover Global Network will enable Verve to compete with other global card offerings, providing cardholders with an enhanced customer experience when transacting globally outside Nigeria. Creating a solution which facilitates international payments for our consumers will help to eliminate existing barriers and simplify the process when transacting abroad.”
“It is important to us that we are working with groups around the world to extend acceptance for their cardholders,” said Ricardo Leite, senior vice president of international markets at Discover. “At Discover, we recognize the importance of being able to use your card of choice no matter where you are traveling”, he said.
A statement by Verve on Friday noted: “Verve, a leading payments technology and card business in Africa, and Discover Global Network, the payments brand of Discover, today held an event to launch the Verve Global Card. Cardholders will now have the ability to use their Verve Global Cards on the Discover Global Network which provides acceptance in more than 190 countries and territories. This will expand Verve’s existing suite of tailored payment products and solutions for its customers.
“The first transaction occurred today at Swarovski in New York City. Senior executives from First Bank, Access Bank and Fidelity Bank purchased various items from Swarovski using their Verve Global Card on the Discover Global Network.
“The agreement with Discover Global Network will facilitate new international and cross border transaction capabilities for Verve Global Card customers, meeting the needs of its increasingly global customer base. Holders of the new card can make payments outside Africa on the Discover Global Network which includes anywhere Discover, Diners Club International and Pulse and affiliate network cards are accepted. Verve Global Card also delivers additional benefits to cardholders including broad reward and loyalty schemes; benefits that are available both locally and internationally”, the statement read.
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