September 29, 2022

Lagos/Nairobi, 29 September 2022 - Prophius today announced its PayContactless solution is now certified by Visa on the Tap to Phone payments acceptance enabling android NFC-enabled mobile phones and tablets to accept contactless payments. This aligns with Prophius' mission to enable commerce at the storefront.

“We see opportunities to help small businesses grow their businesses with the partnership with Visa by making payments more accessible through Tap to Phone payments”, said Olugbenga Adams, CEO at Prophius. “A more inclusive ecosystem through accessible payments is critical for every economy. We are thrilled to work with banks, fintech companies and merchants across the region towards this goal.”

Andrew Uaboi, Vice President and Cluster Manager, Visa West Africa, said: “SMEs make up most businesses operating across West Africa, and their success is a critical factor in delivering sustainable, economic growth. The ongoing evolution of payments has opened a new, more inclusive landscape that has the capacity to improve access to consumers from every segment of society. 

The availability of Tap to Phone technology continues to capitalize on the abundant presence of Android-powered smartphones to help SMEs succeed in the digital economy by simply transforming mobiles into point-of-sales devices without the need for costly hardware or updates. We are excited about this partnership with Prophius and look forward to helping small businesses digitize acceptance across the West Africa region.” 

About Prophius:

Prophius is a financial technology company. Our mission is to enable commerce for small businesses in simple yet powerful ways using technology. We believe that small businesses can create wealth for themselves, individuals, corporate institutions, and society when given the tools, platform, and support to succeed. We are building these capabilities across several markets toward a more inclusive world.

About Visa Inc.

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of digital commerce on any device for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit About Visa, and @VisaNews.

Get the latest from us

Join our list to be the first to get instant news and updates.