The collaboration will enable Invest Bank to extend Network’s merchant acquiring, card acceptance and payments services for its corporate clients
Network International
Latest in Network International
digital payments
India’s NIPL partners with Network International to bring UPI payments to UAE
The new payment facility, allowed through Network International’s point-of-sale (POS) terminals in the UAE, will offer seamless and secure transactions for Indian tourists and NRIs
digital payments
Etisalat by e& launches uTap, a payment solution for SMBs
The new service is available in three monthly packages and will help businesses simplify collections and streamline automation
biometric
Dubai shoppers can now ‘pay with their face’ after stores launch biometric tech
Shoppers in Dubai can now use facial recognition scanners to pay for their shopping
Emirati workforce
Payments firm Network International targets Emirati fintech talent in localisation drive
The UAE in recent years has encouraged the private sector to hire Emirati talent – even introducing incentives to companies who will meet their Emiratisation goals
Amazon Payment Services
Adoption of digital payments to boost SME growth
The growing e-commerce sector, facilitated in part by a rapidly evolving digital payment ecosystem, can help SMEs unlock new markets
cashless payment
E-commerce spend rate in UAE surges post-pandemic; posts twice that of POS spend in Jan-March
According to the latest Network International report, the rise in online spending – both debit card and credit card transactions – was led by digital payments in the government sector, followed by restaurants, supermarkets and convenience stores
bank customers
Customers trust your bank but who does your bank trust?
Banks need to better evaluate their choice of payment processors to avoid outage incidents that could harm their reputation and inconvenience customers left standing at supermarket counters with trolleys full of shopping unable to pay for groceries
digital economy
First live African mobile wallet transaction executed in the UAE
Network International and TerraPay hail milestone deal as they seek to boost mobile wallet penetration in the UAE
cashless economy
UAE payments giant Network International says Saudi launch plan ‘ahead of schedule’
CEO Nandan Mer says he continues to be positively surprised by the scale of opportunities as 2021 revenues, profits rise
Cashless payments
UAE payments giant Network International names Saudi boss ahead of expansion
Abdulaziz Al-Dahmash, formerly the digital banking chief at Saudi British Bank, is appointed managing director for operations in the kingdom
digital payments
Inside Saudi Arabia’s digital payments revolution
Digital point of sale terminals show rapid growth and have exceeded the one million mark in Saudi Arabia
consumer spending
Rebound in UAE consumer spending boosts Q4 revenue of digital payments giant
Network International CEO says Q4 revenue has exceeded pre-pandemic levels, sees Saudi ops launch in Q1
acquisitions
UAE’s Network International completes $291.3m DPO Group acquisition
Company also revealed new strategic vision towards becoming the fastest growing payments company in the Middle East and Africa
acquisitions
UAE’s Network International to complete DPO deal imminently, says CEO
Nandan Mer spoke with Arabian Business as Network International revealed a 16.5% year-on-year increase in revenues for H1 2021
digital payment service
Online payment solution Stripe makes its way to Dubai
Stripe’s market entry – supported via a partnership with Network International – will provide UAE-based businesses with the infrastructure they need to better connect with users around the world and trade internationally
cashless payment
Food for thought: Coronavirus shifts restaurant payment trends in UAE
Network International data reveals significant increase in online food delivery spend in the UAE amid ongoing pandemic