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Visa and Senegal sign digital payments agreement

By , based on Sierra Leone Telegraph

Visa and Senegal sign digital payments agreementCoolcaesar · CC BY-SA 4.0

Visa and Senegal’s Ministry of Telecommunications and Digital Affairs have signed a two-year agreement to develop digital payments, financial innovation and cybersecurity. The partnership will notably study payments between citizens and public services, according to the Sierra Leone Telegraph.

Visa and Senegal’s Ministry of Communication, Telecommunications and Digital Affairs have signed a memorandum of understanding establishing a two-year framework for cooperation on digital payments, cybersecurity and financial innovation, the Sierra Leone Telegraph reports. It is the first partnership of its kind between Visa and a Senegalese public institution.

The two partners will notably study payment solutions between citizens and the state, as well as public disbursements to individuals. The memorandum also provides for exchanges of expertise on cybersecurity and the rules applicable to digital financial services.

Minister Samba Diouf presented the agreement as a way of moving towards practical and secure solutions that meet Senegalese people’s everyday needs. Aminata Kane, Visa’s regional head for West and Central Africa, said the company would help identify ways to improve access to digital services.

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