Wegagen Bank Launches Visa Card

Wegagen Bank has announced the launch of international prepaid Visa card service. The service will enable customers of the bank, embassy staff, and international organization employees to make global payments without the need to carry cash.

Wegagen Bank made an announcement about the Visa card in Mekelle city. The bank customers who are traveling abroad have started using this service through which they can make payments without having to carry any foreign cash.

This international Visa card, developed by the bank, allows customers to transfer money and make payments at ATMs and POS machines anywhere in the world.

The service enables e-commerce transactions as well as a digital payment option to send money quickly and securely from anywhere and at any time.

The Visa card launch event, held in Mekelle Ethiopia, was attended by the Head of the Bureau of Culture and Tourism under the Interim Administration of Tigray, Atsbeha G/Egziabher (PhD), the Bank’s senior management, Visa representatives, members of the Ethiopian Diaspora, and other guests.

The country manager of Visa Inc, Ato Yared Endale, emphasized that digital transformation will be a key driver of economic growth. He added that Visa Inc has set up local operations in Ethiopia, one of 10 offices across Africa, so as to support and strengthen the local financial ecosystems.

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