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Interswitch showcases innovation driving Africa’s digital economy at summit

Interswitch has spotlighted its role in driving the evolution of Africa's payments ecosystem and strengthening the foundational

Interswitch Verve

Interswitch has spotlighted its role in driving the evolution of Africa’s payments ecosystem and strengthening the foundational infrastructure of the continent’s digital economy.

Showcasing these innovations at Moonshot by TechCabal 2026, where the company served as a Platinum Sponsor and hosted the Big Tech & Enterprise Stage for the second consecutive year, Interswitch demonstrated how its ongoing technological advancements continue to power seamless commerce and economic growth across the region.

Central to this showcase was the unveiling of Interswitch’s all-new Tap-to-Pay technology, developed in strategic collaboration with global payment and technology leaders Mastercard and Google.

Launched on Day 1 of the conference, it stated that the contactless payment solution is designed to expand consumer access to faster, more convenient digital transactions while setting a new benchmark for modern payment experiences across Africa.

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The Managing Director of Payment Scheme and Networks at Interswitch and Managing Director of Verve International, Vincent Ogbunude, in his keynote presentation, traced Interswitch’s innovation journey through five defining acts of courage: the introduction of ATM services, Quickteller, POS payments, the Verve card scheme, and the newly unveiled Tap-to-Pay technology.

According to Ogbunude, these milestones reflect the company’s enduring commitment to challenging legacy limitations and anticipating the evolving needs of African consumers and businesses.

Reflecting on the company’s journey, Ogbunude noted that innovation requires more than identifying opportunities, it demands the conviction to act, invest in new possibilities and remain committed to solving real problems, even when the outcome is uncertain.

Speaking on the significance of Interswitch’s participation, Executive Vice President, Group Marketing and Corporate Communications, Interswitch Group, Dr. Cherry Eromosele, said: “Our journey at Interswitch has been shaped by the conviction to identify real market needs and build solutions that address them. From pioneering new payment experiences to supporting the infrastructure that enables businesses to transact and grow, we have seen how sustained innovation and strong partnerships can contribute to the development of the digital economy.

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