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Home Economy Fintech

Fintech Operator Obtains Verve Processor License

by Justice Godfrey Okamgba
July 25, 2023
in Fintech
0
Fintech Operator Obtains Verve Processor License
UBA
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Unified Payment Services Limited, a leading Nigerian-based financial technology service provider, has secured a Verve processor license, enabling it to operate as an Acquirer-Processor of the payment card.

This landmark achievement marks a significant milestone for Unified Payment Services and promises to revolutionize the electronic payment landscape in Nigeria.

The Verve processor license facilitates Unified Payment Services’ commitment to enhancing electronic payment services in the region.

As part of this strategic partnership, Unified Payments will be able to offer its merchants and customers the convenience and security of Verve card transactions, bolstering its position as a reliable and innovative player in the fintech industry.

Agada Apochi, the Managing Director of Unified Payments, expressed his enthusiasm for the collaboration, stating, “This license opens up new avenues for growth and promises to deliver exceptional payment experiences in the Nigerian market.

By combining our strengths with the expertise and infrastructure of Verve, we are confident in providing seamless and secure payment solutions for businesses and consumers alike.”

With this license, Unified Payment Services is now authorized to process transactions made with Verve Cards, a widely recognized and accepted payment card brand in Nigeria.

This partnership leverages the strengths of both companies to cater to a broader customer base, deepening transactions, and expanding customer reach across the country.

Unified Payment Services Limited, formerly known as SmartCard Nigeria Plc and ValuCard Nigeria Plc, has evolved into a scheme-neutral and financial technology services group of companies, providing a diverse range of services to businesses across various sectors.

As a consortium of leading Nigerian banks, Unified Payment Services is dedicated to delivering excellence and innovation in the fintech domain.

“At Unified Payment Services, our core values of Professionalism, Respect, Innovation, Dependability, and Execution (PRIDE) drive our mission to provide cutting-edge payment solutions and exceptional customer experiences.

“Our trademarks and brands, including UP, Payattitude, Payarena, Payarena Mall, Payarena Verification, Payarena VAS, Hope PSBank, UP Digital, and TM30, demonstrate our commitment to innovation and service excellence.”

This Verve processor license is a testament to Unified Payment Services’ unwavering dedication to advancing the digital payment landscape in Nigeria and beyond.

The company looks forward to leveraging this partnership to drive growth and contribute to a more accessible and secure payment ecosystem for all

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  • Justice Godfrey Okamgba
    Justice Godfrey Okamgba

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