back Back
Seeking to raise capital? Seeking to invest? Click Here & Express your early interest to be a part of IBS Intelligence’s new fund initiative.

Visa partners with ZEEPAY; drives financial inclusion across Ghana & Africa

By Pavithra R

September 30, 2020

  • Africa
  • Ghana
  • VISA

ZEEPAY, a wholly Ghanaian owned mobile financial services company focused on providing integrated mobile payments services with mobile wallets has announced that the company has partnered with Visa to allow Africans in the diaspora to directly send money onto Visa debit and prepaid cards in Ghana.

ZEEPAY is a FinTech company targeting the unbanked and banked population with the objective of bringing the unbanked into the financial stream and easing payments and collections for the banked population. The partnership enables ZEEPAY to integrate Visa’s real-time push payments solution Visa Direct, with INSTNTMNY its money transfer platform, to provide users of the ZEEPAY app a fast, convenient and secure way to receive money and remittances directly into their eligible card credentials. The collaboration is expected to expand ZEEPAY and Visa’s reach and ability to open up commerce to the country.

“The service will immediately be available to over 2 million Visa cardholders in Ghana. We believe this service will further deepen our financial inclusion drive across Ghana and Africa at large. The strategy is to present the consumer with various options for receiving remittances from abroad, including Visa debit and prepaid cards, mobile money wallets, ATMs and Bank accounts. Our omnichannel approach makes ZEEPAY the preferred partner for remittance payout,” said Dede Quarshie, Chief Commercial Officer ZEEPAY.

“We are delighted to bring this service to Ghanaians, and we would like to thank our banking partners — ADB and GTBank for all the support”, Quarshie added.

The initial deployment phase will commence across ZEEPAY’s European and North American corridors and then expand to all major corridors globally. Visa Direct is a VisaNet processing capability that performs real-time push payments for small-business and consumer payments, helping financial institutions allow their customers to transfer funds directly to financial accounts using card credentials. With this collaboration, Ghanaians will experience efficiency, global scale and better digital experiences and instant access to funds from friends and family abroad.

“Championing the fintech community and our partners to drive the next generation of digital payments is core to our growth strategy at Visa. We are excited about our strategic collaboration with ZEEPAY, which will open new doors for meeting the needs of today’s consumer and continue to contribute to the betterment of the global payments ecosystem,” said Adoma Peprah, Country Manager, Visa Ghana.

Recently, Tangerine partnered with Visa Canada to launch Visa Debit.

Established since 1958, Visa is a global payments technology company working to enable consumers, businesses, banks, and governments to use digital currency. Its advanced global processing network, VisaNet, provides secure and reliable payments and is capable of handling more than 65,000 transaction messages a second.

Previous Article

September 30, 2020

NAB launches Cyber Bug Bounty Program in partnership with Bugcrowd

Read More
Next Article

October 01, 2020

Mastercard partners with Samsung, Airtel and Asante; drives digital inclusion in Africa

Read More

IBSi Daily News Analysis

5G, India, Telecom

August 09, 2022


The 5G race has begun in India; how will it affect payments?

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News


KeyBank selects BlueSnap for expanded payment gateway options

Read More


IDEX Biometrics and Reltime to launch a Web3 biometric payment card

Read More


Infinicept launches Infiniport, enabling ‘BYOP’ for embedded payments

Read More

Related Reports

Sales League Table Report 2022

£1,500.00 / year

Know More
IBS Intelligence - Global Digital Banking Vendor & Landscape Report Q2 2022
Global Digital Banking Vendor & Landscape Report Q2 2022

£1,500.00 / year

Know More
IBS Intelligence - Wealth Management & Private Banking Systems Report Q2 2022
Wealth Management & Private Banking Systems Report Q2 2022

£1,500.00 / year

Know More
Global Transaction Banking Vendors and Landscape Report Q2 2022

£1,500.00 / year

Know More
IBS Intelligence - Treasury & Capital Markets Systems Report Q2 2022
Treasury and Capital Markets Systems Report 2022

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2022