Instead, Virtual Pay has chosen to focus on its core clientele: banks and larger financial institutions. According to Morema, this strategic focus enables the company to maximize its impact by providing seamless, white-labelled payment solutions that these institutions can offer to their own clients. He emphasizes that Virtual Pay does not view itself as a competitor to banks and financial institutions. Rather, the company positions itself as a collaborator and partner, enhancing the financial ecosystem by helping banks deliver cutting-edge payment services under their own brand.
This approach, Morema explains, not only aligns with Virtual Pay鈥檚 strengths but also allows for scalable growth and sustained innovation within the financial services sector.
The post Behind the Scenes of Africa鈥檚 Digital Finance: Virtual Pay鈥檚 White-Label Strategy for Banks and Financial institutions first appeared on MarcoPolis.
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