Visa and African online lending APP Branch have struck a deal,through the partnership, Visa will offer virtual Visa prepaid debit CARDS to more than two million consumers in sub-saharan Africa.
As part of the partnership, Branch will connect to the Visa payment service on its platform to help users make payments by phone or credit card.
At the same time, Branch will offer loans to businesses that pay with Visa QR codes on their phones.
The service will also expand into sub-Saharan Africa in the future, particularly in Nigeria and Tanzania.