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EquityBCDC announces the launch of the Cybersource payment platform through VISA. CyberSource is a payment gateway that provides payment and fraud management services to online, small, medium and large businesses. With this new service, EquityBCDC strengthens its position as a reference digital bank in the DRC and abroad.

The migration to Cybersource is an opportunity for the bank to offer payments through several channels, such as online payment and in-store withdrawal (Click & Collect), or unique experiences between mobile commerce, online, kiosk, while reducing the risk of fraud. This platform will allow SMEs and multinationals to reach customers and target audiences in larger geographic areas but also to increase their revenues through the capabilities and cutting-edge solutions provided by Visa.

Payment gateways facilitate communication between banks and service providers through software and servers that send transaction information to acquiring banks and responses to issuing banks, such as approving or refusing a transaction.

The benefits of Cybersource’s payment platform are:

  • Secure & express payment processing at local and international level
  • PCI DSS certified and uses 3D secure as a client authentication solution
  • Protection against fraud
  • Reduced transaction costs

CyberSource will enable EquityBCDC to access more than 150+ processor connections in more than 190 countries worldwide. EquityBCDC is committed to providing innovative technology that enables financial inclusion and implements solutions to prevent fraud.

According to Celestin Mukeba, Managing Director for EquityBCDC this launch is a clear indication that EquityBCDC is leading the digital innovation in the Democratic Republic of Congo through this partnership with Visa.

Visa is very proud to unlock digital solutions with EquityBCDC as expanded by Sophie Kafuti, Visa Country Director. Cybersource provides a single platform solution allowing customer-friendly payment experiences to automated fraud protection, easy tech integrations to 24/7 support, powering innovation and scale. Our integrated platform supports popular payment methods across channels and helps boost conversion.

About EquityBCDC

Equity BCDC is a subsidiary of Equity Group Holdings Plc (EGH) following the acquisition of the majority of BCDC’s shares by EGH in July 2020. It has been operating in the DRC since 1909. Its goal is to facilitate access to banking services for all and to finance micro, small, medium and large enterprises, in particular through inclusive financial products and services that promote the social and economic development of consumers, businesses and communities. Equity BCDC’s ambition is to contribute to the prosperity of Africans by transforming lives, bringing dignity and providing opportunities for wealth creation.

About VISA

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. For more information, visit About Visa, visa.com/blog et @VisaNews

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Equity BCDC is Regulated by Central Bank of Congo
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