Collaboration Key to Africa's Payment Evolution

Verv Intern, a subsidiary of the Interswitch Group, has underscored the critical role of collaboration among various stakeholders in the payments ecosystem to shape the future of digital commerce in Africa. During an event focused on the evolution of payments across the continent, Paul Ohakim, Vice President of Issuing and Acquiring at Verv Intern, emphasized that no single institution can drive the future of payments alone.

He noted that stronger collaboration among banks, fintechs, merchants, and payment processors is essential to deliver secure and seamless payment experiences. The firm highlighted the importance of engaging in meaningful dialogue within the industry to align strategies and insights, ultimately aiming to create a more inclusive payment landscape in Africa.

The discussions are part of a broader initiative to foster a high-level network that looks forward to the future of digital payments across the continent.