FinTech

Valu and Visa launch the Spark it product to make payments electronically

Valu, a leading company specializing in financial services technology, has announced the launch of a new prepaid card in collaboration with Visa, a global leader in digital payments, as part of its ongoing efforts to provide a convenient and enjoyable shopping experience for its customers.

The new card offers multiple benefits to customers, including ease of completing financial transactions such as purchasing goods and paying bills.

Customers can also transfer money to the card from their Valyou accounts, in addition to the launch of the new “Spark it” product, which allows customers to complete their transactions without additional fees during a one-month repayment period.

Furthermore, the launch of the new card is expected to enhance cooperation between Valu and Visa, especially following the recent launch of an exclusive new credit card for Valucustomers.

The new card is characterized by its ease of use, smart expense planning, and the provision of the Valyou app to check balances and track transaction history, helping customers make informed financial decisions to achieve their financial goals.

Commenting on this partnership, Walid Hassouna, CEO of Valu, expressed his delight at the launch of the new card, noting that it will facilitate payment operations in Egypt.

He added that the new card will contribute to expanding the range of services provided in the electronic payment field, allowing customers to easily conduct transactions anywhere without restrictions.

On her part, Malak El Baba, Vice President and General Manager of Visa in Egypt, expressed her happiness with the collaboration with Valu to launch the new card, confirming that it will empower Valu customers to shop comfortably and safely at various stores and electronic platforms.

Customers can obtain the new card immediately from Valu outlets and easily activate it through the Valu mobile app.

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