ChamsSwitch and UnionPay International has announced a partnership to drive the financial technology space in Nigeria and beyond.
According to a joint statement by the two companies, UnionPay International has certified ChamsSwitch to expand its issuing, processing and acquiring solutions to a wider cardholder base.
ChamsSwitch Limited is a Fintech company in Nigeria, which provides multichannel electronic payments solutions and a robust e-payment platform. It allows customers to pay using its Kardit and Pelpay suite of solutions.
Mr. Yinka Aboyade (COO ChamsSwitch) said, “ChamsSwitch is excited on this new partnership,
He added that the company’s “full certification with UnionPay International is an opportunity to further drive the financial technology space in Nigeria on the back of significant latent opportunities within the African continent.”
On his part, Mr. Asad Burney, Head of UnionPay International Africa said, “We were particularly impressed by the energy, dedication, expertise and speed at which ChamsSwitch operated in order to achieve this certification.
“Considering the booming trend of trade between Africa and Asia, the collaboration will continue to leverage on UnionPay’s innovative products offerings, the global network and the international payment standards to complement the advantages of local institutions such as ChamsSwitch in the electronic payment space”, he added.
With over 180 million UnionPay cards issued in 75 countries and regions outside mainland China. The card is accepted in 13 African countries including Kenya, Tanzania, Uganda, Rwanda, Ghana, South Africa, eSwatini, Seychelles, Madagascar and Mauritius.
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Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.