Visa Develops Rwanda Payment Network in International Push
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Visa Inc., the world’s biggest bank-card network, agreed to help develop Rwanda’s payments system and connect the African nation’s 11 million citizens to the global economy as the firm pushes to boost non-U.S. revenue.
The company will modernize the nation’s payments network under an accord with the government, working with partners to upgrade automated teller machines, install merchant card readers, develop e-commerce capabilities and provide financial education, said Elizabeth Buse, Visa’s group president responsible for most business outside the Americas.