NAIROBI, Kenya Nov 15 – Digital payment and e-commerce company, Interswitch Group Monday launched a pin payment card that would allow teachers in the country to make seamless digital money transactions through a highly secure chip and pin payment card.
In a statement, the firm said that the Interswitch Verve debit Card would allow individuals to transact from 185 countries across Africa, and is accepted in more than 2,000 ATMs and over 10,000 merchant Points of sale (POS) stores countrywide.
The card was unveiled in partnership with Gusii Mwalimu Sacco in order to reach teachers on a county and national level and boost local transactions over a secure platform.
Speaking during the launch of the card, Interswitch Group General Manager for Kenya, Romana Rajput, said the card would give users the ability to regulate and monitor their expenses and be able to complete their transactions anywhere, at an affordable rate.
“Verve is the rewarding way to pay because it not only guarantees easy and convenient payments, but its users also enjoy consistent rewarding offers like subscription and payment discounts from all their favorite vendors,” Rajput said.
The card, Rajput said, would also create an environment where individuals are able to prosper without the added worry of going to the bank and having their payments processed.
“We will continue to design and promote payment solutions that provide an enabling environment for businesses and individuals to prosper across Africa,” she said.
Gusii Mwalimu Sacco Chairman, David Ogega further commented that the banking solution was a relief to most of its Sacco members for it would make settlement and transaction tracking easier.
