Paycode – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Fri, 26 Apr 2024 04:14:42 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png Paycode – Tech | Business | Economy https://techeconomy.ng 32 32 Discover the Joy and Perks of Having a Verve Card! https://techeconomy.ng/discover-the-joy-and-perks-of-having-a-verve-card/ https://techeconomy.ng/discover-the-joy-and-perks-of-having-a-verve-card/#respond Fri, 26 Apr 2024 04:12:33 +0000 https://techeconomy.ng/?p=129887 Wondering why over 65 million people choose Verve Card for their everyday transactions? It is simple, Verve Card supports its cardholders to enjoy the good life!

With over 65 million users already on board and counting, the promise of a good life is not just rhetoric, it is evidential. Verve Card is more than just a payment method, it is a ticket to a lifestyle of ease and excitement.

Verve Card is the renowned Africa’s indigenous payment card, with a strong Naija heritage and over 15 years of providing unwavering delightful payment solutions to millions of customers in Nigeria and beyond; and the exciting benefits that come with being part of the Verve family are enormous.

First off, say goodbye to the hassle of juggling multiple subscriptions and hello to uninterrupted fun! Picture unlimited access to your favourite entertainment platforms like Google Play Store, Spotify, Netflix, Amazon Prime, and Showmax; all seamlessly managed and paid for with your Verve Card, ensuring endless entertainment without any hassle.

With your Verve Card, you are not just paying; you are opening doors to a world of entertainment.

But that is not all, Verve Card extends its magic into other aspects of your everyday activities effortlessly.

So, whether you’re topping up your Uber wallet for smooth rides or managing subscriptions on Google Play Store, LinkedIn, and TikTok, Verve has got you covered, all in Naira!

Love shopping? Let’s go there! With a Verve Card at hand, you can now get a fantastic 10% discount on your shopping spree at any Addide store. It is the perfect way to save on your purchases while enjoying the wide variety of goods available.

And here is where things get even more exciting: Verve has teamed up with the Lagos State Residents Registration Agency (LASRRA) and Sterling Bank to power the innovative LAG ID.

LASRRA and Verve
LASRRA and Verve

This multi-purpose ID is not just about identification—it opens doors to loans, LAG bus access, train services and a plethora of other benefits, making it an indispensable part of your daily life.

And just when you think you have seen it all, there comes the awkward moment when you have to make payment and you find out you have left your card at home. Even at such awkward moments, Verve card pulls up another cutting-edge solution called Paycode.

Moniepoint Verve Debit Card
Moniepoint | Verve Debit Card

With Paycode, you can generate payment codes on the fly, ensuring you are never stranded without access to your funds. Plus, experience the sheer convenience of contactless payments with the Verve Contactless Card; speeding up your checkout process while minimizing physical contact.

Switching to Verve is not just a financial decision—it is a lifestyle upgrade. From unlimited entertainment and shopping perks to innovative payment solutions, Verve Card is your passport to a simpler, faster, and all-around good life.

So, now that you are Verve aware, let’s welcome you to the Verve family. Start using your Verve card or ask your bank for one! Remember to take a moment to confirm it is a Verve Card.

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African Fintech Paycode Makes Top 4 at Women’s World Banking Fintech Innovation Challenge https://techeconomy.ng/african-fintech-paycode-makes-top-4-at-womens-world-banking-fintech-innovation-challenge/ https://techeconomy.ng/african-fintech-paycode-makes-top-4-at-womens-world-banking-fintech-innovation-challenge/#respond Wed, 15 Feb 2023 08:34:45 +0000 https://techeconomy.ng/?p=95885 Biometric identity and digital payments fintech company Paycode has been selected as one of the top four finalists in the Women’s World Banking Fintech Innovation Challenge and will be competing live at 2023 Making Finance Work for Women Summit in Mumbai in May.

Selected from a pool of 98 highly qualified applicants across 34 countries, Paycode was judged based on rigorous criteria by an expert advisory committee that evaluated several factors, including product innovation, gender inclusivity, financial viability, scale potential, team experience, and diversity.

Speaking about the Challenge, Marina Dimova, Global Head of Financial Industry and Network Advocacy for Women’s World Banking said, “Fintech founders develop new solutions when they see an unmet need or an underserved community, and low-income women are absolutely an underserved community.”

By calling on fintech innovators from around the world and inviting them to present their best ideas at the Fintech Innovation Challenge, we aim to advance women’s financial inclusion and scale growth. We look forward to seeing our finalists present their exciting solutions live in India this May, bringing us closer to achieving an inclusive economy for all.”

The announcement builds on Paycode’s winning streak, which started in May 2022 in Mozambique after winning the Mondato Award for Digital Finance Innovation. This was followed by the UK-based Payments Association’s Pay360 Award (sponsored by Mastercard), where Paycode won Best Financial Inclusion Payments Initiative. Paycode was then named 2nd Runner Up in the Ecobank Fintech Challenge in October 2022 in Togo and a Top 10 Semifinalist in the Women’s World Banking Fintech Innovation Challenge in December.

The common theme across all the competitions was the need for robust financial inclusion solutions that serve people living in deep rural areas. In Africa alone, almost one billion people cannot access basic financial services due to a lack of identity, lack of connectivity, and high fees. Paycode’s biometric identity and digital payments solution works offline in real-time, overcoming these barriers to financial inclusion.

Paycode CEO, Gabe Ruhan, commented, “Paycode is delighted to be a Finalist in the Women’s World Banking Fintech Innovation Challenge and we look forward to presenting our solution to the judges at the Making Finance Work for Women Summit in Mumbai later this year. We are proud to be recognized as a leading fintech in Africa, and we look forward to building on our success to drive financial inclusion for millions through our world-class digital identity and payments solution.”

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