Pypl, a financial services platform in the Middle East and Africa, recently announced a strategic partnership agreement with international company Visa. This partnership has allowed Pebble to obtain main membership and sign a strategic framework agreement with Visa, highlighting their commitment to providing financial services to all and advancing financial inclusion.
With this new license, Pebble will be able to issue prepaid Visa cards, both virtual and physical, directly to hundreds of thousands of its active users. This will make it easier for users to transition from cash to digital payments, ultimately promoting financial inclusion in the region. The strategic framework agreement between Pypl and Visa reflects their shared vision to enhance financial inclusion in the Middle East and Africa region.
Antti Arbonen, co-founder and CEO of Pebble, expressed excitement about the partnership and the benefits it will bring to both companies in providing financial services to millions of people in the region. Hassan Kazemi, Vice President of Visa for the Central and Eastern Europe, Middle East and Africa region, highlighted the importance of empowering unbanked consumers with secure payment solutions through innovative partnerships like this one.
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