Latest news with #RedaHelal
Zawya
05-03-2025
- Business
- Zawya
Network International and Airtel advance their strategic rollout plan in key markets
Network International (Network) ( a leading enabler of digital commerce across the Middle East and Africa (MEA), in partnership with Airtel Money, the dedicated mobile money platform for Airtel Africa, has begun the rollout of digital payment solutions across key African markets, starting with Uganda. More activations are scheduled for the rest of Africa and Francophone countries in 2025. As part of this collaboration, Network will provide expertise and support for solutions including transaction processing, card management, fraud prevention, APIs sandbox, reconciliation and settlement, and online access for Airtel users. Dr. Reda Helal, Group Managing Director – Processing, Africa and Co-Head Group Processing at Network International, commented: 'We aim to cover significant ground on our Airtel rollouts this year after going live in Uganda and make greater strides for our outsourced payments services in Africa. We are excited to add value to Airtel's capabilities, continue driving the success of Mobile Network Operators, and contribute to financial inclusion across the continent.' Ian Ferrao, Group CEO, Airtel Money - Airtel Africa PLC Airtel Group, said: 'We are delighted with this major milestone in our partnership and are eager to keep on innovating and elevating our customer experiences with the support of Network's digital payments expertise. Together, we will pave the way for more citizens to gain access to the continent's growing digital economy.' Network International provides a full suite of technology-enabled payments solutions to merchants and financial institutions of all types and sizes, including acquiring and processing services and a comprehensive ever-evolving range of value-added services. It currently serves 50 countries across the MEA region, including more than 40 African markets. Airtel is a leading provider of telecommunications and mobile money services in Africa, operating in 14 countries across the continent primarily in Central and West Africa. It serves over 140 million customers, including nearly 60 million data customers and over 36 million Airtel Money customers. Distributed by APO Group on behalf of Network International. Srishti Soni ASDA'A BCW; Dubai, UAE Tel: +971 4 450 7600 About Airtel: Airtel Africa is a leading provider of telecommunications and mobile money services, with a presence in 14 countries in Africa, primarily in East Africa and Central and West Africa. Airtel Africa offers an integrated suite of telecommunications solutions to its subscribers, including mobile voice and data services as well as mobile money services both nationally and internationally. The Group aims to continue providing a simple and intuitive customer experience through streamlined customer journeys. About Network International: Network International is the Middle East and Africa's largest and leading digital payments company. Our purpose is to help businesses and economies grow by simplifying payments and commerce. We operate in 50+ countries serving governments, banks, fintechs, merchants and public sector companies. We have 2,000+ employees based in our markets serving over 250 financial institutions and 130,000+ merchants.
Zawya
25-02-2025
- Business
- Zawya
Network International appointed as Payment Processing Partner by MTN Group Fintech
Network International (Network) ( a leading enabler of digital commerce across the Middle East and Africa (MEA), has been appointed as a Payment Processor – Issuing partner for MTN Group Fintech, Africa's leading mobile financial services provider. This partnership marks a significant extension of Network's portfolio of issuer processing collaborations throughout the African continent. With a footprint spanning over 50 countries and serving over 250 financial institutions, Network International brings its expertise to this partnership which will enhance MTN Fintech's cutting-edge mobile services and provide even greater value to stakeholders and customers across Africa. The partnership will focus on rolling out card issuance products across key MTN Fintech markets, starting with Rwanda which is already operational. Soon Uganda, Ivory Coast, and Nigeria will also be covered under this collaboration. Network International will provide a comprehensive range of services, including transaction processing, card management and online fraud prevention. MTN Fintech users will benefit from a seamless experience accessing both traditional mobile services and innovative digital payment solutions. Dr. Reda Helal, Group Managing Director – Processing, Africa and Co-Head Group Processing at Network International commented: 'Our collaboration with MTN Group Fintech marks a major milestone for our outsourced payments services in Africa. It demonstrates our ability to successfully serve Mobile Network Operators (MNOs) via our fully-fledged processing solutions and our continued dedication and commitment to the African region. We are excited to support MTN Group Fintech's growth strategy, and its business development plans across the continent.' Cedric N'guessan, Executive for Payment and E-commerce at MTN Group Fintech added, "This collaboration with Network International is pivotal in enhancing financial inclusion across Africa and beyond. It enables our customers to actively engage in the global economy, aligning perfectly with our strategic goals alongside Mastercard to broaden access to digital financial services across the continent." Read More ( MTN Group provides voice, data, fintech, enterprise wholesale and API services to more than 288 million customers in 14 African markets. Distributed by APO Group on behalf of Network International. For more information, please contact: MTN Group Press Office MTN Group Fintech (Proprietary) Limited: Head Office: 216-14th Avenue Fairland 2195, Private Bag 9955 Cresta 2118 South Africa Tel +2711 912 3000 Fax +2711 912 4093 Website Corporate Communications: Network International Dubai, UAE Tel: +971 4 303 2431 Follow us: X: Linkedin: About MTN Group Fintech: MTN Fintech, the platform business of MTN Group, is dedicated to revolutionising global financial services through innovative digital technology solutions. Leveraging MTN's extensive reach and expertise in telecommunications, MTN Fintech is committed to advancing financial inclusion for all and empowering communities in Africa. With a primary focus on pioneering mobile financial services, digital payments, e-commerce, short-term insurance, and remittance capabilities, MTN Fintech strives to establish seamless, accessible, and secure financial ecosystems that shape the future of digital finance. About Network International: Network International is the Middle East and Africa's largest and leading digital payments company. Our purpose is to help businesses and economies grow by simplifying payments and commerce. We operate in 50+ countries serving governments, banks, fintechs, merchants and public sector companies. We have 2,000+ employees based in our markets serving over 250 financial institutions and 130,000+ merchants.
Zawya
28-01-2025
- Business
- Zawya
Network International signs Memorandum of Understanding (MOU) with GIM-UEMOA to accelerate financial inclusion in West Africa
Network International (Network) ( a leading payment solutions 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. This collaboration will drive innovation and enhance financial inclusion across the eight member countries of the West African Economic and Monetary Union (WAEMU). The partnership will help deliver innovative digital payment solutions under the GIM-Pay framework, leveraging the two organisations' collective strengths. This initiative aims to benefit the population of the UEMOA region by providing secure, seamless, and accessible payment systems that meet the growing demands of businesses and consumers alike. In addition to supporting the financial needs of users within UEMOA, the collaboration will enhance the value proposition of GIM-UEMOA's affiliated member banks, enabling them to better serve their end customers with cutting-edge digital payment solutions. This offering aligns with the region's commitment to fostering economic growth and financial inclusion. 'Partnering with GIM-UEMOA represents a significant milestone for Network International. Together, we aim to harness our combined expertise to empower the UEMOA region with state-of-the-art payment solutions that drive economic inclusion and prosperity,' said Dr. Reda Helal, Managing Director&Co-Head of Processing, Africa at Network International.' 'This collaboration with Network International allows for the pooling of infrastructure and solutions to bring cutting-edge digital payment solutions to the West African banking sector. We look forward to the benefits that will be realised for financial services entities throughout the region,' said Minayegnan Coulibaly, Managing Director of GIM-UEMOA. Under this partnership, Network International and GIM-UEMOA have reaffirmed their shared commitment to innovation and collaboration in West Africa's financial technology space. This partnership also underscores the importance of alliances in addressing the diverse financial and economic needs of the UEMOA region. Distributed by APO Group on behalf of Network International. About Network International: Network International is the Middle East and Africa's largest and leading digital payments company. Our purpose is to help businesses and economies grow by simplifying payments and commerce. We operate in 50+ countries serving governments, banks, fintechs, merchants and public sector companies. We have 2,000+ employees based in our markets serving over 250 financial institutions and 130,000+ merchants. For more information, visit About GIM-UEMOA: The WAEMU Interbank Electronic Payment Group (GIM-UEMOA) is a regional payment scheme, switch and processor which brings together 150 affiliated members that are banks, financial institutions&postal offices, microfinance structures and electronic payment institutions. Our main mission is to promote electronic payments&systems across the banking&financial sector, public administration and population of the WAEMU region. Constituted of eight countries – Senegal, Benin, Burkina Faso, Guinea-Bissau, Cote d'Ivoire, Mali, Niger&Togo – the UEMOA region counts 141 million inhabitants.
