Network International, a leading payment solutions provider, has announced that affiliates of global investment firms Warburg Pincus and General Atlantic have agreed to acquire a 49 per cent stake in the company from the Abraaj Group.
Economic weakness hitting tourism and spending dragged down card transaction expansion rates in the Middle East and North Africa in 2015, according to the largest payments processor in the Middle East and Africa.
Network International, a leading payment solutions provider in the Middle East, has launched its Network Online (NeO), a sophisticated online payment gateway in the UAE.
NeO is the first smart payment gateway to be created in the
Network International, a developer of payment processing solutions, is considering strategic options including an initial public offer, Dubai-based lender Emirates NBD said on Tuesday, referring to the firm as its affiliated associate.
Private equity firm Abraaj Group has hired investment bank Moelis & Co to advise it on options for selling its stake in United Arab Emirates-based payments provider Network International, either through a stock market listing or a private sa
The Mena region’s unbanked and underbanked sectors remain a major retail banking frontier, experts said, highlighting the potential for retail banks to partner with mobile network operators (MNOs) to offer services to mobile clients.
Network International, the leading independent payment solutions provider in the region, has launched “Mercury,” the first-ever UAE-focused closed loop prepaid programme which will facilitate the direct issuance of a wide range of do
MasterCard, a global payments and technology company, has collaborated with region’s leading acquirer Network International to enhance the acceptance infrastructure of its contactless payment solutions in the UAE.
Ahli United Bank (AUB) has signed an agreement with Network International (NI), a leading payment solutions provider in the Middle East, to launch an advanced point of sale acquiring service and e-commerce in Bahrain.
The agreement was sig
A major conference for the leaders in the payments industry concluded recently in Istanbul with all participants endorsing the need for greater cooperation and collaboration within the payments industry.
Organised by Network International,