United Arab Bank (UAB) has announced a strategic collaboration with Network International, a leading digital commerce enabler in the Middle East and Africa (MEA), to provide omnichannel payment solutions in the UAE.
Through this partnership, UAB will offer Network International’s merchant acquiring, card acceptance, and payment services to its corporate clients. This includes a wide range of technology-enabled payment solutions designed to enhance security, scalability, and integration across various channels.
Nael Mourad, Head of Wholesale Banking at United Arab Bank, expressed his excitement about the partnership, highlighting the significance of expanding the bank’s product offering for corporate customers. He emphasized the value of Network International’s expertise in providing POS and e-commerce payment solutions.
Similarly, Niraj Kumar, Head of Global Transaction Banking (GTB) at UAB, emphasized the goal of enhancing client payment experiences and driving operational efficiency by leveraging Network International’s advanced technology. The collaboration aims to deliver innovative solutions to businesses in the digital age.
Pankaj Kundra, Group Head of Products, Partnerships, and Enterprises at Network International, shared his enthusiasm for the partnership, stating that the integration of omni-channel payment solutions will support UAB’s growth strategy. He emphasized Network International’s commitment to innovative technologies for secure and streamlined transactions.
With the UAE’s digital payments market rapidly expanding, both UAB and Network International are confident that this partnership will offer superior value to corporate clients. Network International’s extensive experience serving financial institutions and merchants across the MEA region positions them as a leader in the payments space, further solidifying their position in the market.
