Kuda Microfinance Bank is making waves once again by teaming up with Vendy, a WhatsApp based marketplace, to introduce Kuda Pay ID as a new payment option. This partnership allows buyers on Vendy to make seamless, cardless payments simply by using a Kuda Pay ID, enhancing security and reducing the risks associated with card fraud and unauthorized transactions.
With Kuda Pay ID, users authorize a direct debit, meaning they don’t need to share sensitive card information. This feature not only speeds up the checkout process but also enhances payment security by limiting exposure to fraud. In an era where card security is a growing concern, Kuda Pay ID provides peace of mind, allowing Nigerians to shop confidently on one of the country’s most popular social platforms.
Partnering with Vendy is an important step in expanding our secure payment solutions to a wider audience. Kuda Pay ID helps our customers make transactions quickly and safely without exposing their card details,said Musty Mustapha, Managing Director of Kuda.
Vendy CEO, Kayode Disu, explained the motivation behind the partnership, highlighting how the integration of Kuda’s payment technology on WhatsApp makes online shopping easier and safer. With over 150 million Africans using WhatsApp, and Nigeria being the 10th largest WhatsApp user base globally, the messaging app has become a significant tool for business. By integrating Kuda Pay ID, Vendy leverages WhatsApp’s extensive reach, enabling simple, chat based commerce for Nigerian sellers and buyers alike.
Our goal is to make commerce as simple as a chat for everyone, Disu noted.
This collaboration not only modernizes digital payments but also supports Nigeria’s growing digital economy by offering practical, accessible payment solutions. Kuda and Vendy’s approach aligns with the broader vision of financial inclusion by providing simple, secure, and efficient payment methods for all income brackets. With WhatsApp as a business platform, Vendy’s Kuda Pay ID integration empowers thousands of Nigerian entrepreneurs to reach more customers while ensuring secure, cardless transactions.
The Kuda Vendy partnership showcases how innovation and technology can simplify financial processes, drive digital transformation, and boost Nigeria’s economy. With Kuda Pay ID, shoppers can now engage in fast, safe transactions on WhatsApp, making it an appealing solution for both sellers and buyers. As Kuda continues to expand its reach and enhance security, this partnership represents a significant step toward a more inclusive and efficient digital payment landscape in Nigeria.