Verve Becomes Member of PCI SSC and NEXO Standards to Strengthen Africa’s Payment Ecosystem
Verve International, Africa’s leading payment card brand, has announced its membership of two prominent global payment standards organisations, the PCI Security Standards Council (PCI SSC) and the NEXO Standards community. This move underscores its commitment to world-class security, interoperability, and a future-ready payment infrastructure.
The PCI Security Standards Council is the international governing body responsible for establishing and overseeing security standards that safeguard cardholder data across the entire payment ecosystem, including card schemes, banks, processors, merchants, and solution providers. Its standards help ensure that all entities involved in storing, processing, or transmitting card data adhere to rigorous security requirements, thereby reducing the risk of fraud, data breaches, regulatory penalties, and operational threats.
By becoming a member of PCI SSC, Verve aligns more closely with globally recognised best practices for payment security and gains the opportunity to contribute African perspectives to ongoing discussions shaping the future of card data protection worldwide.
Additionally, Verve has joined the NEXO Standards community, home to some of the most influential international standards for payment acceptance. NEXO delivers modern, universal, and interoperable messaging standards that enable banks, processors, and payment terminals to communicate in a clear, consistent, and feature-rich manner.
This membership supports Verve’s ongoing efforts to streamline integrations, enhance interoperability across markets, and accelerate innovation in payment acceptance, especially as digital and cross-border transactions expand across Africa and beyond.
Speaking on the development, Vincent Ogbunude, Managing Director of Verve International, said:
“Security, trust, and seamless interoperability remain central to Verve’s mission. Joining the PCI Security Standards Council and the NEXO Standards community strengthens our alignment with global best practices and enhances our ability to deliver secure, scalable, and future-ready payment solutions for our partners and cardholders across Africa and beyond.”
Membership of both PCI SSC and NEXO Standards highlights Verve’s broader strategy to modernise payment infrastructure, reduce technical barriers for issuers, acquirers, and merchants, and support smarter, more secure payment experiences across the continent.
With these affiliations, Verve continues to strengthen its role within the global payments ecosystem, contributing to the development of standards that underpin secure, reliable, and interoperable digital commerce worldwide.