Network International Collaborates with Huawei To Facilitate Digital Payments
This partnership will enhance the ability of financial services players entering the payments market to explore and capitalise on new revenue-generating avenues
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Network International, a payment solution company across the Middle East and Africa (MEA) region, and Huawei, a provider of ICT infrastructure and smart devices collaborated to provide end-to-end card processing and managed payment services for financial services customers.
Network’s card processing solutions in tandem with Huawei’s technology will enhance the ability of financial services players, entering the payments market to explore and capitalise on new revenue-generating avenues, including value-added services like cardholder self-service, control applications, and loyalty services.
Nandan Mer, Group Chief Executive Officer at Network International, said: “We are thrilled to collaborate with Huawei as we jointly strive to offer customers secure, effortless, and memorable digital payment solutions and experiences. Our collaboration builds on Network’s three decades of experience and expertise in creating world-class digital payments infrastructure and services for clients in the region.”
Navneet Dave, Managing Director & Co-Head of Processing – Middle East, Network International, added, “As a leading digital payments company in the region, we are delighted to be selected as the partner of choice by a leading technology company such as Huawei. The last three years have witnessed a dramatic shift in consumer attitudes towards digital payments, leading to a higher demand and expectation for seamless digital interactions. We look forward to supporting Huawei through our best-in-class solutions, to facilitate the digital journey of digital payment players.”
Felix Liu, Managing Director of the Carrier Network Business Group at Huawei UAE, said: “It is our pleasure to collaborate with Network International to explore innovative paths to accelerate the development of digital commerce. Operating in the UAE for more than 22 years, Huawei has been continuously acting as a solid foundation for the digitalisation of the country. As a joint force, we believe that we will further help to consolidate the UAE’s leading position in e-commerce in the region and beyond and further enhance the experiences of our customers.”
Network will facilitate the transition of institution, fintech and mobile financial services players to a digital-first approach, generating faster payments and adding convenience for customers. Some of the offerings will include omnichannel digital payment facilities, such as card issuance and acquirer processing services, transaction switching capabilities, value-added services, etc.
