Extending easier access to financial platforms and money-on-the-go in Nigeria is key to greater financial inclusion. In the past, the challenge had always been enabling convenient access to bank accounts by the account holders, especially those predominantly located in remote areas that lack adequate infrastructure. Payment cards have been one of the effective ways to improve financial inclusion.
In furtherance of the objective of financial inclusion, Zenith Bank has commenced the distribution of Verve cards to its customers nationwide. Apart from the convenience of shopping online and easy access to cash, this development is expected to help Zenith bank customers gain access to the numerous benefits of being a verve cardholder.
“It is another milestone in expanding our services to the community and we are happy to be identified with Zenith Bank and its customers. The goal is to ensure that a significant number of customers continuously benefit from using our cards and as such, partnerships like this are a critical part of our business goals,” Mike Ogbalu, the CEO Verve International, spoke about the new partnership.
Verve International, which is the biggest payment card brand in Nigeria, has created a myriad of opportunities for cardholders from which Zenith bank customers can now benefit. Those benefits include: discounts across merchant stores nationwide, acceptance in many other African countries and a two-factor authentication system that guarantees maximum security for cardholders.
Some months ago, Verve announced a discount of N500 for cardholders on every movie ticket bought with a Verve card at Genesis, Filmhouse and Silverbird Cinemas in Lagos until the end of February. This is just an example of the many benefits that Zenith bank customers will begin to enjoy.
In regards to easy access to money-on-the-go, the card has often been acclaimed as the most rewarding way to make payment. The key to African exchange, Verve, is without a doubt living up to its name and in the process encouraging financial inclusion and the development of the financial ecosystem. Since the inception of the company, it has always been creating products that have empowered both banks and their customers.
Founded in 2009, Verve is known for pushing the bounds of innovation as seen with the launch of Paycode – a revolutionary solution that allows for cardless transactions at ATM and POS terminals. The payment card brand remains the biggest in the country and has rapidly penetrated across the African continent. Notably, 40 banks in Africa, with more than 30 million payment tokens in circulation.