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Visa’s Mobile Move in Africa And Other Digital Transactions News briefs from 2/14/23

  • Visa Inc. is working with Tingo Mobile, a unit of the global fintech MICT Inc., in an effort to expand access to digital payments throughout Africa. The move starts with the Tingo Visa Card, along with a TingoPay mobile app and a TingoPay business portal.
  • Klarpay AG, a fintech offering businesses global payment acceptance, announced it has achieved profitability in its first year of operation. The company launched in August, finishing 2022 with 120 corporate clients. Financial details were not released.
  • Payments provider VizyPay appointed Ricky Onofre director of ISO partnerships and Tod Kellen and Erik Martinez regional directors. Kellen and Martinez are new to VizyPay, while Onofre has been with the company since 2019.

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