The multinational Visa has expressed interest in supporting the modernisation of Mozambique’s digital payments system through the introduction of new technologies and innovative solutions aimed at accelerating financial inclusion and the digital transformation of the national economy, according to the newspaper O País.
The intention was presented to the President of the Republic, Daniel Chapo, during a meeting held in Kigali with Michael Berner, Visa’s senior vice-president and regional director for Southern and Eastern Africa.
Speaking to the press after the meeting, Michael Berner highlighted Mozambique’s potential in the economic digitalisation process, emphasising the country’s strategic role among the 26 markets under the company’s regional supervision.
According to the executive, the meeting made it possible to identify concrete opportunities to expand the use of digital technologies within Mozambique’s financial system, promoting more accessible, faster and safer electronic payments.
“There are many opportunities in the country for the digitalisation of payments, the introduction of new technologies and innovation, which could contribute significantly to modernising not only payments in Mozambique, but also the economy,” he said.
Michael Berner added that the President of the Republic showed openness to deepening institutional cooperation with Visa in order to accelerate initiatives linked to financial innovation and technological modernisation.
The meeting took place on the sidelines of Daniel Chapo’s participation in the 13th edition of the Africa CEO Forum, taking place in Kigali under the theme “The Scale Imperative: Why Africa Must Embrace Shared Prosperity.”
In addition to Visa, the Head of State also met with Zanyiwe Asare, vice-president and director of public policy for Africa at Yango, a Dubai-based company specialising in digital services and technology platforms, with operations across Africa, the Middle East, Latin America and Asia.
The meetings reflect the growing interest of international technology companies in establishing partnerships with Mozambique in the areas of digital innovation, economic modernisation and the development of technological solutions aimed at financial and digital services.
Source: Diário Económico
