INTELLIGENT MOBILE TECHNOLOGY
Network International partners with Ant International to provide wallet technology solutions
( L – R ) Nandan Mer , CEO Network International ; HE Jamal Abdulla AlSuwaidi , Ambassador of the UAE to Singapore ; and
Peng Yang , CEO Ant International
N etwork International , an enabler of digital commerce in the Middle East and Africa , and global digital payment and financial technology provider , and Ant International , have signed a Memorandum of Understanding to explore extension of innovative digital payment solutions to businesses in the Middle East and Africa . The ceremony was witnessed by HE Jamal Abdulla AlSuwaidi , the Ambassador of The UAE to the Republic of Singapore .
As part of the partnership , Network will look to leverage Alipay + Wallet Technology solutions such as developing e-wallet capabilities to better serve its customers across MEA . Alipay + Wallet Technology provides a full suite of e-wallet solutions , enabling customers to build e-wallet apps quickly or empowering them to build super apps . It supports prominent e-wallets across the globe , empowering them to service millions of their users .
The MoU also intends to expand this partnership to other MEA countries in the near future . Network will also look to 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 intends to collaborate 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 .
Nandan Mer , Chief Executive Officer , Network International said , “ 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 ”.
Peng Yang , Chief Executive Officer , Ant International said , “ We are delighted to join hands with Network International to serve regional and global merchants , including SMEs in UAE and the MEA region . 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 .”
Headquartered in Singapore , Ant International powers the future of global commerce with digital innovation for
everyone and every business to thrive . In close collaboration with partners , we support merchants of all sizes worldwide to realise their growth aspirations through a comprehensive range of technologydriven digital payment and financial services solutions .
Alipay + is a suite of cross-border mobile payment and digitalisation technology solutions that help connect global merchants to consumers . Consumers enjoy seamless payment and a broad choice of deals using their preferred payment methods while travelling abroad . Small and medium-sized businesses may use Alipay + digital tools to enhance efficiency and achieve omnichannel growth .
Ant International ’ s Antom is a provider of payment and digitisation services to merchants worldwide . Antom provides one-stop , vertical-specific digital payment solutions to meet the payment needs for merchants of all sizes , especially SMEs .
With a presence in over 150 markets , Antom currently supports merchants in over 40 markets with the flexibility to accept payments in more than 100 currencies . Antom also provides digital marketing solutions and merchant digitisation services to help merchant in digital operations and to better engage with their customers . •
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