Sports News of Monday, 19 November 2018
Source: Visa Inc
Visa (NYSE: V), the global leader in payments, will bring its global brand and technology to African football this summer as it officially announced its partnership with the Confédération Africaine de Football (CAF) as a sponsor of the Total Africa Cup of Nations (AFCON) tournament in 2019 and 2021.
The sponsorship deal will make the payments giant the exclusive payment services provider at all venues during the Total AFCON tournaments in 2019 and 2021 and will be the preferred payment option for tickets bought both in-person and online. In addition, Visa will be the official partner of the player escort program, giving over 1,100 children the opportunity to lead their football heroes out at the Total AFCON matches.
Visa has a long and proud history of supporting football, having been a sponsor of the FIFA World Cup since 2007. Coming off the back of a successful 2018 FIFA World Cup campaign in Russia and with preparations underway for the upcoming FIFA Women’s World Cup France 2019, this association builds on Visa’s strategy to bring the best of their sponsorship experience on the global stage to regional tournaments.
Ahmad Ahmad, President, Confédération Africaine de Football (CAF) said: “The benefits of investing in African football are clear to see, and with football being the number one passion of consumers across the continent we’re delighted to welcome Visa as a sponsor of the Total AFCON tournament. Through this partnership with CAF, Visa will be able to connect further with its customers and leverage CAF as an innovative marketing platform. Africa is now more connected than ever before, and Visa’s payment network will play a vital role in reaching and rewarding fans across the region. I’m certain that together we will take African football to the next level.”
“Football is the most popular sport in the world with an estimated 4 billion fans and the sport intrinsically aligns with Visa’s values of acceptance and inclusion. The Total Africa Cup of Nations tournament is arguably the most important football event in our region where the best of African football comes together. We are very proud to begin our association with CAF, Lagardère Sports and the Total AFCON tournament to support the growth of football in our key markets,” said Andrew Torre, Regional President, Central & Eastern Europe, Middle East and Africa (CEMEA), Visa.
“Being the exclusive payment services partner at some of the biggest global sporting properties in the world has enabled us to showcase the latest in payment innovation on a global stage and has had a demonstrable impact on the fan experience and local merchant environment. We are looking forward to a very big summer in 2019 where through our sponsorship of two of the largest football tournaments in the world, we can connect football’s most passionate and engaged audiences through our powerful, reliable and secure payment network and create unique and unforgettable experiences for global football fans, cardholders and clients alike,” said Torre.
With every global sponsorship, Visa has focused on supporting host markets by connecting more local merchants to Visa’s payment network so that the influx of global fans traveling to the sporting venues can make safe and convenient payments. Visa has also historically enabled cardholders to win the chance to attend matches, and while there, having the chance to experience new payment experiences that improve their onsite experience. Most recently at the 2018 FIFA World Cup, fans and merchants were able to enjoy and experience secure contactless payment technology that was rolled out at the 12 FIFA World Cup Russia stadiums.
Visa aims to leverage the Total AFCON platform to continue to deliver exceptional benefits to its local communities, clients, partners and fans as they come together to support the best of African football.
This landmark partnership was brokered by Lagardère Sports.
About Visa Inc.
Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network – enabling individuals, businesses and economies to thrive.
Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second.
The company’s relentless focus on innovation is a catalyst for the rapid growth of connected commerce on any device, and a driving force behind the dream of a cashless future for everyone, everywhere.
As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit About Visa, visacorporate.tumblr.com and @VisaNews.
The Confédération Africaine de Football is the governing body of African Football and was founded in 1957. The founding members are Egypt, Sudan, Ethiopia and South Africa.
The 54 members associations are organized in six zones across the continent. The head office is located in Cairo, Egypt. CAF’s main objective is to develop the most popular sport in Africa: football.
Women’s football, youth football, beach soccer and futsal are just as much a concern for CAF as for Interclubs – Total CAF Champions League and Confederation Cup – and Total AFCON.
The Total Africa Cup of Nations, CAF’s flagship event, will inaugurate in 2019 its new formula with 24 selected teams. CAF is also committed to the development of Africa and has chosen as the theme of social responsibility for 2018 and 2019: education. For more information, visit www.cafonline.com and @CAF_Online.