Monday, January 19, 2026
26.1 C
Lagos

Verve Expands to UAE, Activates 1st Transaction in Dubai

Verve, a leading payments technology and card business in Africa, held a first transaction event in Dubai, United Arab Emirates. Verve Global cardholders can now use their cards on Discover Global Network to transact in more than 185 countries and territories, including Dubai, United Arab Emirates.

The first transaction event took place at Emperor Retail outlet, City Walk by Meraas Al Safa Str. Dubai. Senior executive members of Verve International were joined at the event by key partners including Jerry Fosker, a senior Executive from Discover Global Network, Shamsudeen Fashola; Group Head Retail Banking FCMB, Margaret Okhoya; Product Manager Card Services FCMB, Lanre Oladimeji; Group Head Retail Banking Zenith Bank, Nneka Onwuegbuche; Product Manager, Card Services Zenith Bank, among others.

L-R: Mitchell Elegbe, GMD / Founder, Interswitch Group; Nneka Onwuegbuche, Product Manager, Card Services, Zenith Bank Plc; Shamsudeen Fashola, Group Head, Retail Banking, FCMB; Lanre Oladimeji, Group Head, Retail Banking, Zenith Bank Plc; Margaret Okhoya, Product Manager, Card Services, FCMB and Mike Ogbalu III, CEO, Verve International during the Verve Global Card launch and First Transaction at Emperor Retail Outlet in Dubai, UAE recently.

Speaking at the launch in Dubai, Mitchell Elegbe, Interswitch Group Managing Director expressed his excitement, stating that the decision to bring Verve Global to Dubai was a strategic one: “Dubai is an important destination of choice for business and leisure as well as being a popular destination for Nigerians.”

The transaction in Dubai comes following the successful launch of Verve Global in New York in August this year and marks Verve International’s first entrance into the UAE region.

Elegbe continued: “As we approach the Dubai Expo 2020, we believe this is the right time to expand into a region with a rapidly evolving payments market. The launch in Dubai will provide an efficient way for new and existing Verve Global cardholders to transact whenever they visit the region.”

Expressing his gratitude to stakeholders and partners present, Mike Ogbalu III, Chief Executive Officer, Verve International, reiterated the mission and vision of Verve, stating its core objective of making seamless payment solutions available to Nigerians and Africans in every part of the world.

“We are very delighted that a domestic card scheme of African origin can be used to make payments across the world. We express our gratitude to all our partners, particularly Zenith Bank and First City Monument Bank, who have joined us today. One of the biggest assets of Verve International is our partners (both those who are here in Dubai and all others). Thank you for joining us on this epic journey to plant our footprints all over the world. We are very confident that you will remain with us as we continue to take bold steps”, he said.

spot_img
spot_img
spot_img

Hot this week

Kano Massacre: The Menace of Hard Drugs, Intervention Campaign by NDLEA

By Mahmud Isa Yola On the noon of Saturday, I...

Repton Group Wins 2025 Dangote Cement Largest Distributor Award

…in Nigeria, Sub-Saharan Africa By Goke Ilesanmi L-R: Alhaji Aliko...

Royal Exchange CEO: Recapitalisation Will Reposition Insurance Sector, Support $1tn Economy Goal

Mrs. Idu Okeahialam, Group Managing Director/CEO, Royal Exchange Plc,...

State Police and the Questions Nigeria Can No Longer Avoid

By Tosin Osasona Nigeria’s post-1999 democratic era has coincided with...

NESG Hosts 2026 Macroeconomic Outlook, Highlights Growth Prospects, Reform Consolidation

L-R: Mr. Omoboyede Olusanya, Vice Chairman II, Nigerian Economic...

Topics

Africa, ME Personal Computing Market Reports 12% Growth in 4thQtr 2021

    The Middle East and Africa (MEA) personal computing devices...

Royal Exchange General Insurance Names Ebele Nwachukwu as New CEO

Mrs. Ebele Nwachukwu MD/CEO Royal Exchange General Insurance Company Limited The Board...

Sovereign Trust Insurance Reports N5.3bn Premium in Qtr 1, 2021

 Mr. Olaotan Soyinka Managing Director/CEO Sovereign Trust Insurance Plc Sovereign Trust Insurance...

Global Air Freight Growth Slowed to 2.2% in 2015

The International Air Transport Association (IATA) released figures for...

Wema Bank Wins 2022 Highest Dividend Yield at PEARL Awards

L to R:  Chairman, Lasaco Assurance Plc & Former...

U.S. Commercial Insurance Prices Rose Almost 10% in Q2

Mr. O. S. Thomas Commissioner for Insurance National Insurance Commission (NAICOM) U.S....
spot_img

Related Articles

Popular Categories

spot_imgspot_img