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Dubai: Network International, a leading payment solutions provider in the Middle East and Africa (MEA), aims to boost e-commerce acceptance in the region with the launch of a new, multi-million dollar online payment gateway. The gateway is part of Network International’s N-Genius™ payment platform and has commenced rollout to UAE-based ecommerce merchants from February 2019.
Network International is the UAE’s largest acquirer and, as part of its commitment to enable commerce and enhance customer convenience, has championed innovation in digital payments. The company’s new payment gateway has been developed in the UAE following global best practice standards that respond to regional requirements such as multilingual, multi-currency, and white label branding capabilities, for clients across the Middle East and Africa.
“Delivering a state-of-the-art acceptance platform to the payment ecosystem is key to our role of supporting accelerated ecommerce growth in the region,” said Paul Clarke, Group Head of Product & Innovation, Network International. “Network International’s N-Genius online payment gateway fulfils the needs of our clients with a feature-rich, multi-tenant customisable platform that offers omni-channel acceptance across multiple geographies and segments.”
Network International has adopted best in class technology by building an online payment gateway that delivers advanced performance, security, and scalability. The new gateway will offer merchants and consumers a seamless and secure payment experience across both online and in-store channels, and allow for rapid delivery of new payment methods and features without business disruption. The gateway is fully customisable to suit the requirements of businesses of all sizes and industry, while keeping pace with the region’s evolving ecommerce sector and changing payment trends.
“As e-commerce grows in leaps and bounds, our secure payment gateway will provide online merchants the opportunity to tap into a market that is expected to see ecommerce sales in the MEA region grow to reach USD 80 billion in 2022,” said Samer Soliman, Managing Director - Middle East, Network International.
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About Network International:
Established in 1994, Network International LLC is the largest acquirer in the UAE, and a leading payment solutions provider in the Middle East and Africa region (MEA), servicing more than 65,000 merchant outlets and 220 financial institutions in more than 50 countries. The company’s service offering comprises a comprehensive range of payment products and services for both the Issuing and Acquiring segments of banks, financial institutions and retail merchants including end-to-end consultancy ranging from planning and designing to developing of new card and consumer finance products and services. In addition, the company offers several value-add products including data analytics, scoring and loyalty solutions. Network International has operation centers in the UAE, Egypt, Jordan, South Africa and Nigeria, with its corporate head office in Dubai. In 2016, the company acquired Emerging Markets Payments Holdings Limited (EMPH) and continues to invest in strategic partnerships with the aim that its influence increasingly spreads across the region.
As the first independent vendor certified by both Visa & MasterCard for card payments in the Middle East, Network International is a Principal Member of Visa International and MasterCard International in the UAE and enjoys extension of its MasterCard License in other key countries. It is also a member of JCB and Union Pay card schemes, and it owns and manages the Diners Club International Franchise in the UAE, Egypt, Lebanon and Jordan. Network International is a Payment Card Industry Data Security Standard (PCI DSS) certified company.
For further information on Network International, please contact:
Tricia Kaul
ASDA’A BCW
Dubai, UAE
Tel: 971-4-4507600 Fax: 971-4-4358040
Email: tricia.kaul@bcw-global.com
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