UAE Business: Visa, MLG to offer contactless payments in North Africa – Gulf Digital News

UAE Business: Visa, MLG to offer contactless payments in North Africa – Gulf Digital News

Visa, the world's leader in digital payments, and Multi Level Group (MLG), a leading fintech firm will collaborate in the areas of issuing and acquiring contactless digital solutions in North Africa.

For this they signed a Memorandum of Understanding (MoU) at the Mena Transport Congress and Exhibition 2022 last month.

Under the MoU, and in light of Visa's global initiative to improve the cashless and digital  payment experience, Visa will work with MLG to implement various digital experiences in both the private and public sector. 

Transit comes at the forefront of this strategic partnership whereby both organisations would offer transit solutions that would make passenger experience seamless and reduce travel time by allowing passengers to pay for their ride using their everyday contactless Visa prepaid and co-branded cards or wearable devices. 

In addition, the initiative will also leverage Visa and MLG technologies to enable and expand digital acceptance solutions for merchants across markets in various markets across North Africa. 

Commenting on the MOU signing, Leila Serhan, Visa’s Senior Vice President and Group Country Manager for NALP, said: “The adoption of digital payments is becoming a necessity in public and private projects and transportation is a key area where