Wegagen Bank Partners with Visa to Enhance Digital Payment Services in Ethiopia
Wegagen Bank, a leading private financial institution in Ethiopia, has signed a five-year partnership agreement with Visa Inc., a global leader in digital payments.
The agreement aims to expand the bank's international card banking services and strengthen its global payment capabilities.
- Wegagen Bank will receive benefits tied to the number of Visa International Cards issued and foreign currency transactions.
- Visa will provide technical and strategic support, including staff training and upgraded operational software.
- The bank will adopt Visa's advanced risk management and authentication systems to improve transaction security.
Partnership to enhance service quality and operational efficiency
Author's summary: Wegagen Bank partners with Visa to boost digital payments.