Unified Payments Goes Live on MasterCard Processing

Unified Payment Services Ltd, formerly ValuCard Nigeria Ltd has gone live as a MasterCard third party processor, underscoring the company’s drive to be a one-stop shop and a shared infrastructure that truly offers clients electronic payment solutions that cut across different card schemes

By this initiative, Unified Payments becomes the first Nigerian e-payment service provider in Sub-Saharan Africa to be a third party processor for the world’s leading Card schemes; now including MasterCard, with a combined global market share of over 65% in transaction volume and value.

This is made possible by reason of the strategic position as an option neutral and card neutral payment service provider i.e. the company does not discriminate against any card or payment option.

MasterCard Worldwide is a leading payments technology company with over four decades of experience in stimulating commerce globally through its best-in-class dynamic electronic payment solutions.  MasterCard offers cardholders innovative payment solutions specific to their individual needs, making payments easier, quicker and more convenient.  With over 34.3 million acceptance locations worldwide, MasterCard introduces customers to a world..

Unified Payments is owned by a consortium of 18 leading Nigerian Banks and its core business comprise Processing, Merchant Acquiring, Switching, Payment Terminal Service Provider and provision of Value Added Services & Solutions