Jamal Al Nassai, group managing director for Merchant Services at Network International shares his insights on the company’s strategic direction, innovative solutions for merchants, and the future of digital payments in the region
The payments company said growth was driven by the UAE’s resilient domestic consumer spending and a strong influx of tourists
The banking group’s operating income reached Dhs6.8bn in Q2 2023, a 37 per cent YoY increase from the same period a year earlier
The payment solution allows businesses to securely collect and process payments while seamlessly integrating with their existing processes
The investment firm reached a deal to pay 400 pence per share in cash, which represents a premium of about 64 per cent to Network’s closing price on April 12
Emirates NBD Pay will offer card acceptance solutions to the bank’s existing and potential institutional banking clients in the UAE
The collaboration will deliver a comprehensive digital wallet solution designed to boost customer-centricity
Strategic collaboration will enable Network to offer a fully integrated payments platform to its hospitality and retail merchants in UAE and MEA region
Network and Nayax’s solution allows customers to select a product or service and pay using a debit or credit card at unattended self-service payment kiosks
CBD will offer business loans to Network’s retail and ecommerce clients against their Point of Sale machines or payment gateway proceeds
The five-year agreement will see Network International process prepaid cards on behalf of Careem in five countries
Network International’s Pay By Link platform helps small businesses make a transition to e-commerce