Visa curves new product for consumers in developing nations
18 November 2011, 16:48
Nairobi – Global payments technology Visa Inc has
announced a significant step to bringing access to secure financial
services and electronic payments to consumers in developing countries,
by introducing a new product that will serve the needs of those that are
The new product, a Visa prepaid account that can be accessed through a
mobile phone, offers consumers in developing countries a secure,
reliable, globally interoperable electronic payment account.
MTN Group, a leading telecommunications provider in Africa and the
Middle East, plans to offer the new Visa product to MTN Mobile Money
customers across its markets. As part of the launch, the new product
will be available to customers in Nigeria and Uganda.
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