05 Jun VGS partners with Onafriq to boost security in Africa

VGS announced a partnership with Onafriq, which aims to bolster security and innovation for Fintechs across Africa and the Middle East.

VGS securely collects and stores payment card information on behalf of its clients, shielding them from PCI compliance liability and the inherent risks associated with handling sensitive data.

The collaboration empowered Onafriq and its fintech clientele to operate with enhanced security and peace of mind while focusing on driving innovation and delivering superior financial services to their customers.

VGS CEO Chuck Yu said: “We are thrilled to deepen our partnership with Onafriq and embark on this journey of innovation and collaboration. Together, we are poised to unlock new security and payments innovation possibilities for fintechs based in Africa and the Middle East, ultimately empowering businesses and consumers alike.”

Onafriq COO Rajat Mishra added: “At Onafriq, we are committed to delivering cutting-edge solutions that meet the evolving needs of our partners. By leveraging VGS’s best-in-class technology and combining it with Onafriq’s unique expertise around payment interoperability, we are confident that we can drive meaningful impact and shape the future of fintech across Africa and the Middle East.