Global Technology Partners (GTP), a processor of Visa prepaid debit cards in over 30 African countries, has been awarded the ‘Visa Prepaid Service Provider of the Year’ at the Prepaid Summit Middle East and Africa 2016.
Fiona Duncan, Head of Prepaid & ATM – Central and Eastern Europe, Middle East and Africa (CEMEA) at Visa, said: “We would like to congratulate GTP on winning the ‘Visa Prepaid Service Provider of the Year’ award. As consumers worldwide increasingly shift to digital payments from cash, GTP is playing a key role in bringing cashless efficiencies to the largely untapped Africa region. Their efforts in paving the way forward for prepaid card development are truly commendable. The mission to make the Middle East and Africa among the first cashless regions in the world is closely aligned with Visa’s strategy of leading the development of convenient and secure digital payment options, and we look forward to partnering with GTP in bringing these next-generation services to the prepaid industry.”
This year’s award was presented recently at the Shangri-La Hotel in Dubai as part of a larger conference that brought together the leading players in the region to discuss the future of prepaid and review practical case studies of successful banks and retailers generating new revenue streams and offering customers added value through their prepaid portfolios.
Rich Bialek, GTP’s Chief Executive Officer, accepted the award on behalf of the company. “GTP is honored to receive this year’s award. Visa is a key partner for GTP, and we are excited about the prospects for expanding Visa prepaid products and services in Africa and the broader CEMEA region. GTP is particularly interested in expanding financial inclusion with programs focused on payroll, travel and e-commerce.”
As part of the conference, several GTP partners were invited to demonstrate the innovative and successful programs they’ve launched in Africa, including the Bancore and Wakanow programs in Nigeria, the Numherit program in Senegal, and the Weblogy program in Cote d’Ivoire.