Zambia: VISA debit card usage in Zambia grows by 34%

Zambia: VISA debit card usage in Zambia grows by 34% World leading electronic payment network VISA, has reported a 21 per cent growth of its payments volumes across the sub Saharan Africa for the year 2010.

The increase in the transaction volume followed a successful year for VISA terms extending its debit business in the region.

This is according to a statement by VISA and made available to ZNBC News in Lusaka on Monday.

VISA said the payment volume in Zambia grew on its debit cards by 34 per cent.

VISA believes that access to secure electronic payments through products such as debit cards is a vital first step towards financial inclusion and economic growth.

ZNBC