{"id":476282,"date":"2022-08-12T09:06:44","date_gmt":"2022-08-12T09:06:44","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=476282"},"modified":"2022-08-12T10:56:18","modified_gmt":"2022-08-12T10:56:18","slug":"visa-opens-office-and-affirms-commitment-to-digitize-payments-in-the-democratic-republic-of-congo-during-leadership-visit","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2022\/08\/12\/visa-opens-office-and-affirms-commitment-to-digitize-payments-in-the-democratic-republic-of-congo-during-leadership-visit\/","title":{"rendered":"Visa opens office and affirms commitment to Digitize  Payments in the Democratic Republic of Congo  during Leadership Visit "},"content":{"rendered":"
<\/div>\n

Visa Inc. (NYSE: V), the leading global payments technology company, has  outlined its commitment to expanding digital payments in the Democratic Republic of Congo by  establishing local business operations and working closely with the government and financial ecosystem to  bring the benefits of digital payments to consumers, merchants and partners. <\/p>\n\n\n\n

Visamarkedthe official opening of its Kinshasa office and a series of partnerships in the Democratic Republic  of Congo during a visit by Al Kelly, Visa\u2019s Chairman and Chief Executive Officer. With only a quarter of the  DRC population estimated to be included in the financial ecosystem, Visa brought together stakeholders  from the public and private sector to discuss opportunities that exist to further develop the digital payments  ecosystem in the country. <\/p>\n\n\n\n

Visa\u2019s immediate partnerships in DRC are aimed at expanding consumers\u2019 access to the digital economy by\u00a0 introducing new payment credentials, as well as solutions to help more businesses accept digital payments.\u00a0 Initial partners include the Central Bank of the Democratic Republic of Congo, as well as financial institutions,\u00a0 fintechs, merchants and mobile operators. Immediate partnerships include introducing Visa payment\u00a0 credentials for more than 150,000 DRC M-PESA customers and accelerating acquiring and financial\u00a0 inclusion with fintech Infoset through Visa\u2019s CyberSource platform.\u00a0<\/p>\n\n\n

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\u201cThe DRC is one of the most dynamic countries in Africa, and we are pleased to establish a local presence. By working closely with public and private sector partners, we have a shared goal to expand access to digital  commerce and support the goals of the DRC economy,\u201d said Al Kelly, Chairman and CEO, Visa<\/strong>. \u201cVisa\u2019s  purpose is to uplift everyone, everywhere by being the best way to pay and be paid, which we accomplish  when we include more consumers and merchants in the financial system. Thisplays a critical role in enabling  lasting prosperity, and we look forward to introducing new programs, initiatives and partnerships that can  help further accelerate economic and societal progress.\u201d <\/p>\n\n\n\n

Additionally, Visa is introducing two initiatives to drive financial inclusion and job creation within the  Democratic Republic of Congo. A new program being launched with Vodacom will drive financial inclusion  for women living with disabilities and a three-year partnership with FPM where Visa will grant one million  U.S. dollars to a financial education program targeted at cooperatives, mobile money operators and learning  institutions.<\/p>\n\n\n\n

The DRC Financial Inclusion Roadmap, which lays out the national priorities for the  enhancement of financial inclusion in the DRC, highlights efficient payment systems as critical to socio <\/p>\n\n\n\n

economic growth of the country\u2019s population and the success of the country\u2019s financial inclusion  aspirations. <\/p>\n\n\n\n

\u201cWe have seen the benefits of fast-tracking digitization of commerce and money movement in many  economies, and this is only possible through continued collaboration with government and industry  stakeholders. We look forward to partnering to support the fast-growing financial ecosystem in DRC, while leveraging our payments network to enable both local consumers and businesses to thrive\u201d, added Aida  Diarra, Senior Vice President and Head of Sub-Saharan Africa at Visa.<\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

Visa Inc. (NYSE: V), the leading global payments technology company, has  outlined its commitment to expanding digital payments in the Democratic Republic of Congo by  establishing local business operations and working closely with the government and financial ecosystem to  bring the benefits of digital payments to consumers, merchants and partners.  Visamarkedthe official opening of its<\/p>\n","protected":false},"author":527180,"featured_media":476288,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12046,12065,20863],"tags":[15743,1678],"class_list":{"0":"post-476282","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-leaders-en","8":"category-press-releases","9":"category-tech","10":"tag-democratic-republic-of-congo","11":"tag-visa","12":"post_format-post-format-aside","13":"pmpro-has-access"},"yoast_head":"\nVisa opens office and affirms commitment to Digitize  Payments in the Democratic Republic of Congo  during Leadership Visit  - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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