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Cameroon, March 31, 2023 – PaySika, the financial Super App for consumers in Francophone Africa, announces that it is joining Visa’s Fintech Fast Track program. This collaboration will accelerate the integration process of PaySika in the sub-region. Specifically, the Fast Track Fintech program will allow PaySika to benefit from VisaNet’s expertise in ensuring secure and reliable payments worldwide, capable of processing tens of thousands of transactions per second.
PaySika is developing a 100% digital financial solution. The solution allows users to obtain a free Visa DEBIT CARD from their smartphone without having to go anywhere, and to benefit from fluid, intuitive and above all secure interfaces that allow everyone to manage their money and track their transactions in real time, without any monthly subscription or hidden fees. With PaySika, users can now easily pay for online and offline services without hassle and travel with their card to pay with ease, without hidden costs, in any part of the world.
Visa’s Fintech Fast Track program gives innovative startups like PaySika access to Visa’s growing network of partners and experts who can guide them to get started in the most efficient way possible. To learn more about Visa’s Fintech Fast Track program, visit: https://partner.visa.com
“We believe that everyone should have easy access to a range of financial services and better manage their money and payments. That’s why we wanted our prepaid DEBIT CARDs to be free, with a simple app to manage everything independently without going anywhere. We are convinced that this will bring a strong added value to our users and particularly to the new generation, for whom we see a very strong appetite for this kind of services. This is the interest of this partnership that we have just signed, which will allow us to expand progressively and rapidly in Central Africa (starting with Cameroon) and other regions” said Roger NENGWE, Co-Founder and President of PaySika.
“By joining Visa’s Fast Track program, exciting fintechs like PaySika gain unprecedented access to Visa’s experts, technology and resources. The Fast Track program allows us to provide new resources that high-growth companies need to scale effectively,” said Ismahill Diaby, Managing Director of West and Central Africa at Visa. “
Founded by Roger NENGWE NTAFAM and Stezen BISSELOU-NZENGUE, PaySika is a French fintech that develops a set of digital banking solutions for French-speaking African countries, where over 80% of the population is unbanked. Building on the success of the smartphone and the emergence of a regulatory environment conducive to fintechs, PaySika responds to an urgent need to offer banking services to as many people as possible, starting with Cameroon, and at an extremely low cost. Learn more about PaySika https://paysika.co
Visa (NYSE: V) is a global leader in the digital payments industry, facilitating payment transactions between consumers, merchants, financial institutions and government entities in more than 200 countries and territories. Our mission is to connect the world through the most innovative, flexible, reliable and secure payment network, enabling people, businesses and economies to thrive. We believe that economies that include all people everywhere encourage all people everywhere, and see access as fundamental to the future of money transfers. For more information, About Visa, visa.com/blog and @VisaNews.
Co-founder & CEO
Communication West and Central Africa
Email : Ifrikia.Ngollo@visa.com