Visa, a global provider of digital payments, has announced that it is partnering with Flocash, Africa’s fastest growing fintech 2022, to promote digital capabilities for African SMEs through digital payments, supplier solutions and access to financial services.
The first step in the partnership is the launch of Flostore, powered by a Visa digital wallet and the Flocash pan -African payment platform, which can help small businesses accept digital payments, manage supplies and access financial services across Africa.
“Visa is committed to expanding the digitisation of payments across Africa. With partners like Flocash, our goal is to enable African businesses to access our payments ecosystem and technologies to enable them to innovatively and efficiently serve their customers. This partnership with Flocash, as well as the launch of Flostore, are important step towards achieving this goal,” said Corine Mbiaketcha, Vice President and General Manager, East Africa, Visa. “Flocash has grown significantly as a travel payments processor over the last few years, and we are thrilled to partner with them,” Mbiaketcha added.
Sirak Mussie, Managing Director, Flocash, said: “Visa is a great partner to scale Flocash’s pan-African payment platform and develop this critical area of African commerce that can offer enormous continent-wide economic development opportunities.”
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