This article was automatically translated from HIBAPRESS, the Arabic version:
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HIBAPRESS-RABAT
On December 11, 2024, BCP International (BCPI), a subsidiary of the pan-African Banque Centrale Populaire (BCP) Group, sealed a strategic partnership with Visa International to transform the payments ecosystem in sub-Saharan Africa. This agreement marks a key step in the expansion and development strategy of the Group’s 16 banking subsidiaries in sub-Saharan Africa, spread across 14 countries. It also reflects a shared commitment to offering innovative, accessible and secure payment solutions, thereby contributing to inclusive, equitable and sustainable growth.
The partnership aims to enrich the offering of BCP Group subsidiaries in sub-Saharan Africa, particularly that of the “Banque Atlantique” network as well as BIA Niger, BICEC in Cameroon, BCI in Congo, BMOI in Madagascar and BCP Bank Mauritius in Mauritius.
The agreement will result in the expansion of the card range and the deployment of services such as e-commerce solutions and digital payments, specifically tailored to the needs of local populations. Visa will complete this deployment with support with its advanced technologies for fraud prevention.
“This partnership marks a decisive step in our growth and innovation strategy. It illustrates our commitment to promoting access to financial services in Africa, while offering innovative solutions, perfectly adapted to the specific needs of our clients. We are proud to partner with Visa in this transformation dynamic. Visa’s advanced technologies, as well as its expertise, will allow us to offer tailor-made solutions, while guaranteeing a high level of security and efficiency. » declared Mr. Abdeslam BENNANI, Managing Director of BCPI. Ms. Aida Diarra, Senior Vice President Visa Sub-Saharan Africa subsequently highlighted that “At VISA, we deeply believe in the power of digital payments to transform the lives of people and businesses across the world. Our commitment to offering simple, secure and accessible payment solutions to everyone resonates perfectly
in the mission of BCPI, which works every day to strengthen access to banking services, promote project financing and support economic growth, of the Group’s 16 subsidiaries in sub-Saharan Africa, spread across 14 countries. »
In addition to improving financial services, this agreement is part of a broader vision aimed at boosting the digital economy in Africa. By facilitating access to banking services and stimulating innovation, this partnership responds to the major challenge of financial inclusion, an essential lever for the sustainable development of the continent.
