Home | News    Monday 2 March 2020

Visa confirms its entry into the Sudanese market

separation
increase
decrease
separation
separation

March 2, 2020 (WASHINGTON) - Visa inc. confirmed on Monday, that it started entering Sudan via the field of electronic payments, in a move that would give impetus to the steps aimed at ending the country’s isolation from the global banking system.

We are "Working closely with select financial institutions in Sudan to progress the introduction of Visa payment solutions in the country," said the company, which is based in California, said in a statement to Sudan Tribune.

“Visa is pleased to be building new partnerships that will bring the benefit of Visa’s world-class payment technology to help support financial inclusion and economic growth in Sudan" added the world’s largest payments network

The director of the electronic banking services (EBS) at the Central Bank of Sudan Omar Amrabi revealed to Sudan Tribune last week that Visa authorized a license to several banks for the issuance of Visa cards.

Sudanese officials have long complained that their presence on the US list of states that sponsor terrorism make global companies unwilling to operate in the country for fear of the risk fines even though the U.S. in 2017 lifted comprehensive economic sanctions it imposed nearly two decades ago.

The Sudanese Minister of Finance Ibrahim Al-Badawi told a news conference in Khartoum a few weeks ago that Sudan was talking to the U.S. about Citibank entering the country and about enabling the use of smart cards and ID cards to manage cash transfers,

In a job posting published several months ago, Visa announced it is hiring a Cairo-based regional manager, whose job responsibilities would include "Understand[ing] clients strategies, priorities, needs and business processes for the new market entry to Sudan".

(ST)

Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.
  • 3 March 01:27, by Langbaar

    *Visa confirms its entry into the Sudanese market8,
    Who DO these cloned so-called Arabs of North Sudan THINK ALWAYS feed their BUNCH OF LIVES from Darfur all along? It is the "so-called visa card fools". They are even using it *Kakuma, northern Kenya and Northern Uganda.* I don’t know if they have started that card in our Gambella region> yet>>>

    repondre message

    • 3 March 01:34, by Langbaar

      Your own so-called prime minister of Sudan, Mr Abdalla Hamdock said, he want the UN and the NGOs to help his country, their you go! And he is considered ’an from unvirsity of Khartoum’??? What kind of economy the low life study? There may some South Sudanese who might have study with the low life and I think, they are too way well ahead of this foreign puppet/stooge>>>

      repondre message

      • 3 March 01:43, by Langbaar

        Where does the low life thinks the UN get the money to finance the government of North Sudan? The low lives have have been living of the back of other people all along. After the ’comprehensive peace agreement between the low lives in Naivasha, Kenya’. There was ’a fundraising done in Oslo, Norway, to raise fund for the rebuilding of South Sudan’>>>>

        repondre message

        • 3 March 01:51, by Langbaar

          Many countries around the world "pledged money" of which over "US$ 4.2 billion was pledged". But the then government of Southern Sudan asked that $US 4.2 billions from the current "so-called troika countries", they told that "money was used to help the most suffering of Darfur". That money is counted on South Sudan and the South Sudanese people today as a debt.>>>>

          repondre message

          • 3 March 01:58, by Langbaar

            The US, the UK, their UN, their sleazy NGOs,, their evil evil juus (so-called israel), their lackeys here in the IGAD and the AU, have been our country and our people as their as their ’cash cow teats’. Because there some of our fools who call themselves, the God’s chosen people. Fellows, be very very careful. We don’t like white evils in our country>>>

            repondre message

Comment on this article



The following ads are provided by Google. SudanTribune has no authority on it.



Sudan Tribune

Promote your Page too

Latest Comments & Analysis


In memory of Kerbino Wol 2020-06-29 08:17:47 By Robert Portada On 5 June 2020, Kerbino Wol announced that he was standing in solidarity with fellow citizens deep in the sacred land of South Sudan and launching the official manifesto of the (...)

Sudan: Dynamics of change and resistance of political parties to change  2020-06-26 19:15:55 By: Hussein Arko Menawi When we look at the political timeline in Sudan it gives us strong evidence, how the political future in Sudan is critical, bleak and confusing. It is also a good (...)

Sudan’s legitimate request for UN assistance. Who the opponents are and what their ulterior motives? (3-3) 2020-06-26 12:08:29 By: Trayo A. Al Ali Trayo Keep the focus on: Regardless of any inadvertent diversion punctuates the course of this discussion, it is extremely important for the reader to strickly keep the focus (...)


MORE






Latest Press Releases


S. Korea supports UN communities building resilience project in Sudan’s Blue Nile 2019-09-09 09:26:41 UNDP Sudan September 5, 2019 (KHARTOUM) - An agreement was signed on 5th of September between the Korean Ambassador, His Excellency. Lee Ki-Seong and Dr. Selva Ramachandran, Resident (...)

Sudanese lawyers and Human rights defenders back calls for civil rule 2019-04-26 10:22:06 Press statement by 55 Sudanese lawyers and Human rights defenders on Sudan Sit-in and Peaceful Protest Khartoum -24/04/2019 We, the undersigned (55) Sudanese lawyers and human rights defenders, (...)

South Sudan’s Lafon youth condemn killings of civilians by Pari community 2019-04-03 21:54:29 Press Statement on the Fighting between Pari/ Pacidi and Lotuko/Lokiri on 24/3/2019 Release by The Lafon County Youth Union: We, the Lafon County Youth Union hereby condemn the atrocities and (...)


MORE

Copyright © 2003-2020 SudanTribune - All rights reserved.