Lagos State government is partnering financial technology firm, Verve, to upgrade Lagos State Residents Registration Agency, LASRRA, also known as LAG ID, into a smart card.
With the smartcard’s newest upgrade, residents can use their cards for identification and payment purposes.
Managing Director of Verve International, Vincent Ogbunude, said the partnership, which also involves Sterling Bank, has continued to make progress as hundreds of thousands of the LAG IDs had been distributed to residents of the state.
Ogbunude, said: “Verve will continue to collaborate with the Lagos State Government in developing cutting-edge solutions to enhance the digital payment experience for both Lagos residents and Verve cardholders in order to drive economic and technological development across the megacity.
“LAG ID cardholders can now conveniently receive and make payments via ATMs, POS terminals, and online platforms.
“At Verve, we are dedicated to working with the Lagos Government and empowering Lagos residents through strategic partnerships that redefine their digital payment experience.
“By leveraging partnerships, we are providing residents with cutting-edge payment solutions that enhance convenience, security, and accessibility, ultimately shaping a brighter financial future for all.
“In addition to the collaboration with LASRRA, Verve continues to enrich the lives of Lagos residents through various initiatives such as the Verve Life and the Verve Good Life Promo.
“Verve Good Life Promo, which has been consistently running for four years, is designed to reward customer loyalty by rewarding them with exciting gifts and cash prizes. ‘On the other hand, Verve Life has come to be regarded as the biggest fitness and wellness event in Lagos, promoting an overall healthy lifestyle.
“Verve recently celebrated Mother’s Day by rewarding women in the state with rice and vegetable oil, demonstrating its commitment to empowering residents to live a good life.
“Verve remains dedicated to leveraging partnerships to drive economic growth and improve lives in Lagos State.”
