Dubai: The UAE’s burgeoning e-commerce sector has received a further boost as Network International, the leading payment solutions provider in the Middle East and Africa region, today announced the launch of ‘Go-Online’, an e-commerce platform, powered by Shopmatic, targeted at local small, medium and start-up businesses.
Network International is the UAE’s largest merchant acquirer and the company’s groundbreaking partnership with a leading global ecommerce player, Shopmatic, lends it a significant first mover advantage in the ecommerce space.
UAE merchants using Go-Online can create their own web store and start selling their products in an easy user-friendly manner. Go-Online’s interface can be customised to cater to specific audience groups, and offers 60+ ready-made design templates that allow simple product uploads and edits. The templates are mobile responsive, ensuring that the online store automatically displays well on any digital device (desktop, mobile or tablet).
According to industry analysts Frost & Sullivan, e-commerce is a megatrend for businesses in the UAE, valued close to USD$ 10 billion. As smartphone penetration rates in the nation continue to rise, ecommerce and mobile-commerce are tipped to grow further with online shoppers now representing 62 per cent of the UAE’s population.
Anurag Avula, CEO of Shopmatic, said, “The partnership with Network International is a significant step in enabling digital commerce for the growing ecommerce markets of the Middle East and Africa. This marks the entry of Shopmatic in one of the most exciting emerging ecommerce markets and continues to cement our commitment to supporting SMEs and entrepreneurs in their online commerce journey.”
Network International’s payment gateway, Network Online, is the Middle East and Africa region’s most innovative, with high levels of security, simple refund capabilities and seamless checkout. It offers a customizable gateway solution that can be tailored to meet the processing needs of diverse industries or business models.
Today’s announcement is aligned with Network International’s mission to enable commerce in the region by introducing innovative payment technologies and solutions for easier, safer and secure payment transactions.
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 70,000 merchants and 200 financial institutions across 55 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. The company recently acquired Emerging Markets Payments Holdings Limited (EMPH) and continues to invest in strategic partnerships that will increasingly see its influence spread 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. The company also launched a GCC-based domestic scheme, Mercury, and partnered with Discover Financial Services (DFS) to allow global acceptance of Mercury cards on the Discover, Diners Club International and PULSE networks. Network International is a Payment Card Industry Data Security Standard (PCI DSS) certified company.
For further information on Network International, please contact:
Tel: 971-4-4507600 Fax: 971-4-4358040
Email: firstname.lastname@example.org; email@example.com
Shopmatic is an international e-commerce company that has been launched to help business owners sell their products and services online. From developing a unique web store, to listing businesses on marketplaces and social media channels, to giving insights on how to sell online, Shopmatic helps business owners manage the full spectrum of what is required to grow their businesses.
Founded in December 2014, Shopmatic is headquartered in Singapore and has offices in India, UAE and Taiwan. The company is quickly expanding to the rest of the Asian countries.
For more information, please visit www.goshopmatic.com.
© Press Release 2018