Verto Launches Multi Currency Corporate Card for African Businesses

B2B global payments platform Verto has launched the Verto Card in partnership with Visa, giving African businesses a way to manage international spending across multiple currencies.

The corporate card allows businesses to spend directly from their Verto currency balances without moving funds or converting money before each transaction. It is designed for companies paying international suppliers, managing subscriptions and covering operational costs across borders.

One Card, Multiple Currencies

The Verto Card is accepted at more than 150 million merchants globally where Visa cards are accepted.

Businesses can access 11 currencies directly through their Verto wallets, with access to more than 160 additional currencies through Visa's global payments network.

Verto says the card has zero FX markups on 10 major currencies. The company is targeting businesses that face added costs when making international payments through traditional corporate cards and banking systems.

For African companies operating across markets, those costs can add up quickly. Currency conversions, payment declines and restrictions around local banking systems can make routine international transactions more expensive.

Built for Cross-Border Business

The card is aimed at African importers, exporters, technology companies, digital businesses and professional services firms with international expenses.

Rather than requiring businesses to convert funds before every payment, the card allows them to spend from balances already held in their Verto wallets.

Verto CEO and co-founder Ola Oyetayo said African businesses have been underserved by existing card products. He said companies can face single-currency restrictions, undisclosed fees and declined transactions when cards operate on prepaid rails.

Shahebaz Khan, Visa's Senior Vice President and Head of Commercial and Money Movement, said the future of business payments will combine global connectivity with local innovation.

Security and the Next Expansion

Verto says sensitive card information remains within its platform, while transactions use Visa's 3D Secure authentication. Businesses can also set controls based on dates, times and merchant categories.

The company is also looking beyond its own corporate card. Verto plans to support mobile wallet integrations through Google Pay. It is also preparing a Cards-as-a-Service offering through its Atlas infrastructure.

The service will allow African fintech startups to issue branded corporate cards to their own customers without having to build the card infrastructure themselves or negotiate directly with global card networks.

The move gives Verto another route into Africa's business payments market, while giving fintechs a way to add corporate card services to their existing products.