Google partners with Verve to facilitate local payments for Nigerians which allows in-app Play Store transactions with Verve cards to leverage the barriers on international money transfer or purchased transaction.
The search engine juggernaut reports this collaboration with Verve per the sole commitment to bridge the complications of the digital money system by simplifying the payment process of purchasing Google’s apps and services via the in-house app marketplace.
Without considering the African phenomenon where Nigerian tends to struggle with making payment of good and services priced in US dollars per the equal amount in the local currency has been a big deal per the policies imposed by the apex bank regulatory system.
For context, several commercial banks in Nigeria have reportedly restricted customers’ spending which is limited to $20 per month while other commercial banks suspended the feature that allows customers to make a dollar purchase via a naira account.
This has impacted several customers to jump ship from commercial banks services to use other FinTech banking solutions such as Opay, Kuda Bank, FairMoney, Patricia, and many other digital banks in holding domiciliary accounts to complete international transactions.
With the Verve debit or credit card, Nigerians can now complete transactions for purchasing any services from the Play Store and apps downloaded from the Play Store which connotes a significant development in the West African FinTech landscape.
Google’s report about the partnership with Verve emphasized its exclusivity to its operating system platform whereby Android users can purchase preferred apps from the Play Store and link an active Verve card to complete the transaction.
However, the Nigerian Android population will be geared to use the Verve card by Interswitch to access this seamless service Google developed for its users. The Play Store has to be connected to the user’s profile, to sync with the selected preferred apps for purchase.
Then tap the displayed amount and observe the next step that instructs users to input their debit or credit card credentials which includes the card number, expiry date, and CVV number.
