Absa Group Limited and Visa Inc. have extended their strategic partnership to advance digital payment solutions and financial inclusion across Africa.
The agreement, signed in Johannesburg on 21 July 2025, aims to expand digital infrastructure, support small businesses, and enhance customer experiences in Absa’s regional markets outside South Africa.
According to the press release, the collaboration has already introduced innovations such as Visa Direct for card-to-card payments, premium Visa metal cards, and Absa Pay issuer wallets in Mauritius. In 2025, Absa launched Visa Business Credit Cards with features like virtual card issuance and expense management tools, a first for Sub-Saharan Africa.
Michael Berner, Visa’s Head of Southern and East Africa, emphasized the shared commitment to digital access, while Absa’s Regional Operations CEO, Saviour Chibiya, highlighted the partnership’s role in addressing local financial needs. The renewed focus includes enabling SMEs with credit solutions and expanding payment capabilities.
Lineshree Moodley, Visa’s Country Head for South Africa, noted the partnership’s success in driving secure and inclusive digital payments. The collaboration will continue to prioritize innovation and economic growth across the continent.
