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Guavapay, a prominent global fintech firm, has decided to work together with card and digital payments giant Visa. Both companies want to start an Out of Home (OOH) program across London.
The goal of this partnership is to make more people know about the MyGuava multicurrency Visa Card. This card can be used by users who have the MyGuava App and MyGuava Business, which are the main products of Guavapay.
Guavapay Aims To Raise Awareness About The Myguava Multicurrency Visa Card
The MyGuava App acts as a payment platform, providing shared payments, card transactions, local and global payments, and tools for managing savings and spending.
Mark Berry, the Head of UK Clients at Visa, stated that the team is glad to join hands with GuavaPay for this Out Of Home campaign in London. This partnership shows their shared goal to provide new payment solutions that meet the evolving needs of businesses.
The plan is to talk to young people from Generation Z and Millennials about the MyGuava App and small shop owners about MyGuava Business. It wants to explain how useful the MyGuava products are and how they can assist with various financial needs.
MyGuava Business offers financial services for all types of businesses. It includes solutions for payment gateways, terminals for point-of-sale, and accounts for different currencies. The goal is to enhance efficiency and ease transactions for local and international traders via its combined approach.
Guavapay Wants To Offer Comprehensive And Inclusive Financial Solutions
Visa’s partnership with MyGuava will help more people reach their financial goals by inviting them to use the finance system. Berry stated that using their skills and tools together gives customers a smooth, safe, and happy time when they pay.
Kamal Hasanov, Chief Executive Officer of Guavapay, shared his excitement about the partnership. He stated that teaming up with Visa is a big step forward in their goal to offer complete and fair financial solutions.
Visa doesn’t make cards, lend money, or decide on costs and fees for people. Instead, Visa gives banks a Visa-branded payment option, which they use to give out prepaid, debit, credit, and cash programs to their customers.
In 2015, a report known as the Nilson Report, which watches the credit card world, saw that Visa’s extensive network (known as VisaNet) handled 100 billion deals in 2014, with a total of US$6.8 trillion in money.
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