Network International and Ant International Partner to Expand Digital Payments Across MEA

Network International, a digital commerce player in the Middle East and Africa (MEA), has partnered with global digital payment provider Ant International to bring expanded digital payment options to businesses across the region.

An agreement between the pair, signed in a ceremony attended by UAE Ambassador to Singapore H.E. Jamal Abdulla AlSuwaidi, aims to drive digital transformation and boost financial inclusion in MEA’s growing digital economy.

As part of the partnership, Network will leverage Alipay+ Wallet Tech solutions such as developing e-wallet capabilities to better serve its customers across MEA. Alipay+ Wallet Tech provides a full suite of e-wallet solutions, enabling customers to build e-wallet apps quickly or empowering them to build super apps. It also supports prominent e-wallets across the globe.

Under the agreement, the partnership will also extend to other MEA countries in the near future. Network will also introduce Alipay+ payment solutions to the online platforms it supports in this region, providing consumers a combined online and offline seamless QR code payment experience by using their home e-wallets or preferred digital payment methods. Alipay+ currently connects over 30 digital payment methods across the world.

Additionally, through this partnership, Network will partner with Ant International’s payment and digitisation services platform Antom, to enhance Antom’s card payment processing capabilities with international debit and credit cards issued in UAE, enabling global merchants to accept more local payment methods and better connect with local consumers.

Combining technologies

“We are delighted to join hands with Network International to serve regional and global merchants, including SMEs in UAE and the MEA region,” said Peng Yang, CEO of Ant International. “By combining our innovative technologies and digitisation solutions with Network’s deep know-how of this region, we are providing more growth opportunities to the merchants, enabling them to thrive in the digital era.”

Nandan Mer, CEO of Network International, also added: “We are excited to strengthen our partnership with Ant International to expand their footprint in the Middle East and Africa and contribute to financial inclusion efforts within the region. This collaboration underscores our commitment to accelerating digital transformation, enabling the growth of businesses in the region.”

The post Network International and Ant International Partner to Expand Digital Payments Across MEA appeared first on The Fintech Times.

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