Kuda, a leading digital bank, has teamed up with Vendy, a pioneering WhatsApp marketplace, to integrate Kuda Pay ID as a secure payment option. This innovative partnership enables buyers to make cardless payments with their Kuda Pay ID, protecting their financial information and reducing the risk of card fraud.
Simplified Payments for Sellers and Buyers
The integration aims to streamline payment processes, making it easier for Nigerians to shop on WhatsApp. With over 51 million users in Nigeria, WhatsApp has become a vital platform for business interactions.
Executive Insights
“Partnering with Vendy expands our secure payment solutions to a wider audience,” said Musty Mustapha, Kuda Microfinance Bank’s Managing Director. “Kuda Pay ID ensures quick and safe transactions without exposing card details.”
“Integrating Kuda’s secure payment technology makes commerce as simple as a chat,” added Kayode Disu, Vendy’s CEO. “Our goal is to empower thousands of Nigerian businesses to tap into WhatsApp’s potential.”
Boosting Nigeria’s Digital Economy
This partnership supports Nigeria’s growing digital economy by enhancing financial inclusion through practical payment solutions.