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Network International (Network), a leading paymentsolutions provider in the Middle East and Africa, has signed a memorandum of understanding (MOU) with GIM-UEMOA , the regional payment scheme which promotes electronic payments across the banking, financial and public administration sectors in West Africa.
Mastercard announced a strategic collaboration with PayTabs Group to facilitate digitalpaymentsolutions for small and medium enterprises in Egypt. The platform will equip small businesses with fast, secure, and cost-effective customizable solutions for accepting digitalpayments.
BKN301 Group , a London-based digitalpayments and banking-as-a-service (BaaS) solutions company, is organising a series of roadshows to drive financialinclusion. The events aim to educate local stakeholders on the potential of advanced digitalpaymentsolutions tailored to meet diverse market needs.
Saudi Arabia for Information Systems Technology to operate digitalpayment services via an electronic wallet in the Kingdom. This license marks an important step in enhancing the companys position in the growing digitalpayments market in Saudi Arabia.
With digitalpayments in the Middle East, Turkey, and Africa (META) projected to grow at a compound annual rate of approximately 17.7% from 2023 to 2030, the region’s payment landscape is set for substantial evolution.
Visa (NYSE: V), a world leader in digitalpayments, and MISA , a provider of digital transformation solutions for finance, accounting, and enterprise management, announced a strategic collaboration to empower Vietnamese businesses through comprehensive digitalpaymentsolutions.
Payments giant Mastercard is joining forces with Ethio Telecom , a telecommunications service provider in Ethiopia, in a move to enhance financialinclusion and wealth creation in East Africa. Mastercard also provides advanced analytics, anti-fraud systems, and digital identity verification to ensure secure paymentsolutions.
The report highlights key milestones, insights, and the organizations transition into an independent foundation, further strengthening its ability to drive financialinclusion across the continent.
Network will also introduce Alipay+ paymentsolutions 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 digitalpayment methods. The ceremony was witnessed by H.E.
In a strategic move to accelerate digitalpayments, financialinclusion, and modernizing the country’s payment ecosystem, BPC , a global leader and paymentsolutions provider, is announcing the expansion of its operations in Nigeria.
Network International, a digital commerce player in the Middle East and Africa (MEA), has partnered with global digitalpayment provider Ant International to bring expanded digitalpayment options to businesses across the region. Alipay+ currently connects over 30 digitalpayment methods across the world.
EFT Corporation , an African-focused fintech and paymentsolutions provider, recently hosted its EFT Corporation Connect: Zambia event in Lusaka. The event underscored EFTCorp’s commitment to driving financialinclusion and delivering paymentsolutions that empower businesses across the region.
But to fully realize the sector’s potential, stakeholders must focus on nurturing a robust ecosystem by enhancing capital access, attracting and retaining top talent and fostering a strong demand for paymentsolutions, a new report by Emerging Payments Association Asia (EPAA) says.
Says Carter-Brown: EFTCorps mission is to constantly push the boundaries of innovation to deliver paymentsolutions across Africa, increasing financialinclusion and access to the digital economy. This project does exactly that, and were excited to see it contribute to the payment landscape on the continent.
PayTabs Group , MENA’s award-winning payment orchestration powerhouse today announced the successful acquisition of majority stake in PayTabs Egypt , solidifying its commitment to driving digital transformation and financialinclusion across Egypt.
MTN Fintech users will benefit from a seamless experience accessing both traditional mobile services and innovative digitalpaymentsolutions. ” The post Network International appointed as Payment Processing Partner by MTN Group Fintech appeared first on FF News | Fintech Finance.
Africas digitalpayments economy is set to grow from strength to strength according to a Mastercard-commissioned report by Genesis Analytics stating that the digitalpayments economy is expected to reach $1.5 Mastercard remains committed to driving Africas digital growth through investment, innovation, and partnerships.
As Asian markets surge, they face the dual challenge of safeguarding digital infrastructure while ensuring financialinclusion and bridging technological gaps between advanced and developing economies. In Southeast Asia, digitalpayment transactions are projected to exceed US$1 trillion by 2025.
BKN301 Group , a London-based leading digitalpayments and Banking-as-a-Service (BaaS) provider in the MENA region, unveiled its latest innovative paymentsolution, ‘301 Retail Account.’ The solution will further help promote financialinclusion and economic progress in the region.
Mashreq , one of the leading financial institutions in the MENA region, has announced the launch of Aani Instant Payments, a new solution enabling SME businesses to collect payments from their customers instantly, securely, and seamlessly with no IBAN required.
Network International (Network), a leading enabler of digital commerce in the Middle East and Africa, has signed a referral agreement with National Bank of Fujairah (NBF ) to extend digitalpayment services to the bank’s corporate customers.
MTN Fintech users will benefit from a seamless experience accessing both traditional mobile services and innovative digitalpaymentsolutions. ” The post Network International appointed as Payment Processing Partner by MTN Group Fintech appeared first on FF News | Fintech Finance.
Trust Bank , a leading private commercial bank in Bangladesh and TerraPay , a global money movement company have partnered to offer an innovative paymentsolution for all students in Bangladesh.
Trkiye has also made significant progress regarding financialinclusion, with the country now boasting nearly 100 million credit cards, ranking ninth globally for credit card transactions and seventh for credit card ownership. Additionally, Dream Games represents Trkiyes prowess in the gametech sector.
Network International , the paymentsolutions provider in the Middle East and Africa, is partnering with GIM-UEMOA , the regional payment scheme in West Africa, to enhance financialinclusion across the eight member countries of the West African Economic and Monetary Union (WAEMU).
PayerMax , a leading global provider of paymentsolutions, has been named Best PaymentsSolutions Provider of 2024 by MEA Finance magazine at an award ceremony hosted on November 12 in Dubai. PayerMax is committed to providing businesses with one-stop local paymentsolutions to meet their diverse payment needs.
From digitalpayments to decentralised finance (DeFi), these companies are solving real-world challenges like financialinclusion and cross-border transactions, while setting new global standards for innovation. Each plays a key role in transforming how Indonesians save, spend, invest, and access financial services.
Championed by the Central Bank of Somalia (CBS), the initiative marks a major step in modernising Somalia’s payment infrastructure, promoting financialinclusion and enhancing economic stability. The demand for secure, fast, and modern paymentsolutions has been pressing.
Yuno , the leading global payments orchestration platform, today announces a strategic partnership with Openpay, BBVA Group’s digitalpayments company, making it easier for companies of all sizes to conduct online transactions seamlessly and benefit from the country’s e-commerce boom.
. “This collaboration reflects BRI’s continuous efforts to enhance productivity and efficiency by expanding its digitalpayment channel network to meet the growing demand for global transactions,” he said.
The agreement with Network International will reinforce DTB’s digital-first strategy in the Kenyan market. Through this partnership, Network will offer a variety of payment products and services including debit, credit and prepaid card hosting and processing as well as e-Commerce.
Orange Middle East and Africa (OMEA) ( www.Orange.com ) and Mastercard have announced a strategic partnership to expand access to mobile financial services across Sub-Saharan Africa. The partnership will be rolled out in seven countries including Cameroon, Central African Republic, Guinea-Bissau, Liberia, Mali, Senegal and Sierra Leone.
HyperPay , a payment gateway operating in the Middle East and Northern Africa (MENA), has secured a digitalpayment licence from the Saudi Central Bank (SAMA). With its newly obtained licence, HyperPay can now operate digitalpayment services via an electronic wallet in the Kingdom of Saudi Arabia.
Contact Creditech says the move will help it expand its customer base and strengthen its digital footprint in the Egyptian market. ” The ContactNow app aims to offer a diverse set of digital financing solutions, catering to the rising customer demand for easy and flexible payment options.
SecurityTech company Giesecke+Devrient (G+D) is making digitalpayments independent of online connectivity. Even in today’s digital-first economy, connectivity issues can present challenges for digitalpayment transactions, especially in rural areas. billion unbanked people worldwide.
Moniepoint , a Nigeria-based fintech offering an all-in-one banking, credit, and cross-border paymentsolution for African businesses and their customers, is on a mission to help businesses and individuals digitise their operations. to provide infrastructure and paymentsolutions for banks and financial institutions.
Eighty-three per cent of firms indicated that digitisation will be key for growth, as they focus on enhancing digitalpayments, financialinclusion and sustainability initiatives. Digitalpayments are no longer a nice to have, but rather a necessity.
Africas digitalpayment ecosystem is growing rapidly , making innovative and scalable financial products essential for sustained growth. Innovation is not just about building more products – its about solving real customer challenges and making payments more seamless, scalable, and accessible.
The third edition of Mastercards SME Confidence Index reveals that small and medium-sized businesses (SMEs) in Egypt are embracing digitalpayments and data-driven solutions to support their growth, enhance operational efficiency and financial resilience.
These devices enable consumers to make swift, secure payments by simply tapping their wearable at any compatible point-of-sale (POS) terminal, ATM, or NFC-enabled payment point. This innovation enhances the consumer experience while setting a new standard for secure, frictionless payments, advancing financialinclusion in Somalia.
Digitalpayments are transforming global financial systems, reshaping how individuals and businesses transact. In the fintech space, digitalpayments represent a major driver of innovation. The Rise of Embedded Finance Embedded finance is revolutionising the way businesses interact with financial services.
Jaywan is the first domestic card scheme to be launched in line with the UAE’s digital transformation strategy, with the aim of strengthening the country’s position as a leading global hub for digitalpayments.
Together with Mastercard, we aim to set new standards for digital banking in Kenya,” said Osman Dualle, CEO of Premier Bank Kenya. Our collaboration with Premier Bank is a testament to Mastercard’s dedication to advancing financialinclusion through innovative and responsible solutions.
EBANX, a global fintech company specialising in paymentsolutions for emerging economies, has announced a strategic partnership with Bancolombia bank to integrate payment method Botón Bancolombia into its array of payment options in Latin America.
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