“This alliance is another step in the right direction for Verve. We continue to look for new opportunities to expand our payments network, and our partnership with Discover is an example of that,” said Charles Ifedi, CEO of Verve. "The new agreement with Discover Financial Services provides our issuing members with new options for ATM and POS access around the globe while also giving Verve cardholders what they deserve, more convenience at home and abroad.”“This partnership is a major milestone in our 10-year history. We will also leverage Discover’s suite of solutions to deliver innovative card and electronic payment initiatives across various sectors in the market,” said Mitchell Elegbe, Group MD/CEO, Interswitch. “One of the objectives of the Central Bank of Nigeria's Financial System Strategy 2020 (FSS 2020) is to advance the efficiency of the country's e-payment systems by reducing the reliance on cash and promoting interoperability among financial institutions. The agreement between Discover and Interswitch will contribute positively towards this vision.”
Discover Financial Services Announces International Alliance With Nigeria’s Interswitch Limited
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