Network International and Huawei have collaborated to offer end-to-end card processing and managed payment services for financial services customers in the UAE.
Network International aims to assist clients with comprehensive digital payment solutions, including card issuing, acquirer processing services, transaction switching capabilities, and value-added services.
This move is expected to expedite payments and enhance convenience for customers.
Network’s card processing solutions, in tandem with Huawei’s technology, have enhanced the ability of a new payments player that has entered the payments market to explore and capitalise on new revenue-generating avenues, including value-added services like cardholder self-service, control applications, and loyalty services. Network also has a comprehensive bouquet of payment services, including virtual cards, tokenisation, and world-class fraud prevention, among other solutions.
“We are thrilled to collaborate with Huawei as we jointly strive to offer customers secure, effortless, and memorable digital payment solutions and experiences,” SAID Nandan Mer, Group CEO at Network International.
Leveraging its HMS Core device and cloud capabilities, Huawei aims to facilitate digital players in retail banking, digital wallet, and wealth management app development.
“As a joint force, we believe that we will further help to consolidate the UAE’s leading position in e-commerce in the region and beyond and further enhance the experiences of our customers,” said Felix Liu, Managing Director of the Carrier Network Business Group at Huawei UAE
