Charles Ifedi News

L-R: Charles Ifedi, CEO, Verve; Mitchell Elegbe, Founder & MD, Interswitch; Akeem Lawal, Director, Interswitch. Credit: financialtechnologyafrica.com

Nigeria's Interswitch launches Verve payments service in Kenya

The Nigerian company Interswitch is to launch its Verve payments cards in Kenya, a move that should cut banks’ costs and threaten the dominant positions of Visa, MasterCard and the M-pesa mobile money service.

Charles Ifedi, CEO, Verve International

Q&A with Charles Ifedi, CEO, Verve International

Verve is currently the most widely used payment card in Nigeria, with 18 million of the country’s 25 million payment cards Verve branded; while 19 out of the 21 Nigerian banks issue Verve cards, in addition to microfinance banks (MFBs) and mobile money operators.

Charles Ifedi, CEO, Verve International

Nigeria's cashless policy a cornerstone of economic development: Charles Ifedi, CEO, Verve International

The Central Bank of Nigeria’s (CBN) cashless policy is the key to the country’s fast economic development, according to Charles Ifedi, chief executive officer (CEO) of Verve International.