Paga, a Nigerian fintech that has been in operation for 13 years, has partnered with Visa, a global card issuer, to launch virtual and physical cards.
Paga users can now make payments using their Paga cards online or at any location that accepts Visa cards. The cards will be available in Naira first before US dollar-denominated cards are launched.
Paga chose to launch the Naira virtual cards first because Nigeria is Paga’s largest market, and the company says that there has been a demand for virtual cards from its users.
Tayo Oviosu, founder and CEO of Paga Group, says the Visa-branded cards is a significant milestone because it aligns with our goal of making it simple for people to access and use money.