VPS is an intermediary between mobile network operators and retailers, offering virtual prepaid solutions.
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VCAP1 Alliances has acquired Virtual Payment Solutions (VPS). VPS serves as an intermediary between mobile network operators and retailers, offering a range of virtual prepaid solutions. Following the merger, VPS will operate as a wholly-owned subsidiary of VCAP1. The merger aims to strengthen the fintech ecosystem and foster digital and financial inclusion in South Africa.