verve-fime-case-study
Payment innovation in Africa is rapidly growing, which is important for increasing financial inclusion across the continent. Verve, a key player in the African payment ecosystem, is working swiftly to meet the increasing demand for digital payments. Moreover, since Verve operates in various African countries, it needs to offer multiple payment methods to cater to the varying preferences across regions.
To manage a high volume of payment certification projects with varying requirements, Verve needed a new, optimized platform. This platform would enable scheme members to onboard themselves quickly, easily, and efficiently, streamlining the certification process. This was crucial for stakeholders to ensure interoperability according to Verve's specifications, as well as compliance with industry requirements and best practices. The certification platform also needed to be flexible and scalable to support Verve's long-term payment innovation strategy to boost financial inclusion with new technologies.
Verve was able to automate its certification process through Fime's MyTest Process module, which is a part of the Fime Test Factory platform. This cloud-based and workflow-driven portal enabled Verve to provide a simple and secure user journey for all their members' certification projects, irrespective of the product being certified. The centralized platform helped in managing the project's lifecycle seamlessly, offering users on-demand access to essential data about their certification projects. It also provided a direct interface between Fime or Verve team members and customers, enabling them to access expert support whenever required.
Along with providing the platform, Fime offered comprehensive and integrated managed testing and certification services, allowing Verve to concentrate on innovation and customer satisfaction.