PaySend Partners Access Bank on FinTech Revolution in Africa


Emma Okonji

Card-to-card payments disrupter, PaySend has promised it will continue to bring a new generation of money transfers to the African market through its new partnership with Access Bank Plc.

PaySend’s rapidly expanding business now operates in more than 60 countries and it is looking to boost its presence across Africa.

Chief Executive Officer (CEO) of PaySend, Ronald Millar, said: “We are delighted to be expanding into Nigeria and to be working with Access Bank. To have reached over 60 countries in such a short time is excellent and we look forward to a long and fruitful partnership.

“Nigeria is one of our first African partners, and we definitely see great potential in the region.”
Access Bank, which has over 368 branches and service outlets across Nigeria, sub-Saharan Africa, the United Kingdom and Dubai, strives to deliver sustainable economic growth that is profitable, environmentally responsible and socially relevant.

Executive Director at Access Bank, Nigeria, Victor Etuokwu, said: “Accessibility is important in our business and we see this partnership as vital to connecting our customers to their increasingly globalised network, whether they be business contacts, friends or family.”

At present PaySend’s technology works for all Visa, Mastercard and Verve cards issued by Access Bank in Nigeria, but the company wants to go further.
“We are working together with Access Bank to expand our coverage across the country, and into other African countries to develop a broader offering in the region,” Millar said.

The company, it was gathered, has big plans for 2018, and is keen to build partnerships with local banks in all major African destinations.