Onafriq is an omnichannel network of networks, making borders matter less by providing our partners with a single pathway to unlock the full power of cross-border and cross-platform payment solutions. With a network spanning 40 African markets, Onafriq connects over 500 million mobile money wallets, 200 million bank accounts, and over 400,000 agents in Nigeria, enabling domestic and cross-border disbursements and collections, card issuing and processing, agency banking, and treasury services.
At Onafriq, we bring together mobile money operators, money transfer operators, banks, payment service providers, global development organizations, and online and offline merchants. With top-notch regulatory and compliance capabilities and a robust regional presence encompassing 10 offices in Africa and locations in the UK, US, and China, we are paving the way for a new era of access for people across the African continent and beyond. Learn more at onafriq.com.
Onafriq plans to introduce VGS's card reveal technology in its "Credential Show" feature, aimed at fintechs in Africa and the Middle East. This feature, part of Onafriq's card issuing services, will securely display full card details to users on request, benefiting fintechs by easing compliance burdens and minimizing customer support demands. Both companies are also looking into joint product development and expanding payment acceptance in the region, aiming to enhance financial innovation and security for fintechs and their customers.