Chipper Cash, a trailblazer in African financial services, and Visa, a global leader in digital payments, have announced an enhanced partnership to further financial inclusion on the African continent.
This collaboration combines Chipper Cash’s regional knowledge and customer base with Visa’s extensive experience and global reach.
The motivation behind the partnership is clear: to accelerate growth and broaden the scope of financial services in Africa. By issuing over one million Chipper Cards and becoming the premier provider of virtual cards on the continent, Chipper Cash has already made significant strides. With Visa’s support, they are poised to expand their influence even further.
Chipper Cash stands as a beacon of FinTech innovation, serving over five million customers across Africa and the US. Its Chipper Card, powered by Visa’s network, is a testament to its commitment to accessible financial services. Meanwhile, Visa’s imprint on the digital payment landscape is indelible, facilitating global transactions and pioneering cutting-edge payment solutions.
This deepened partnership will see the firms join forces in card issuance and exploit collaborative efforts in regulatory compliance, Visa licensing, and marketing. The aim is to harness both Chipper’s local insights and Visa’s expansive capabilities to deliver superior products and services to the market.
Chipper Cash Chief Product Officer Brett Macgrath said, “We are proud to have a strong relationship with Visa and are excited to strengthen these ties even further. Today’s announcement means we can deliver on our priorities at a faster pace than we could do alone; harnessing Visa’s global reach to enable us to continue to bring the very best products and services to customers.”
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