Network International, an enabler of digital commerce in the Middle East and Africa (MEA), and global digital payment and financial technology provider Ant International, have signed a memorandum of Understanding (MoU) to explore the extension of innovative digital payment solutions to businesses in the MEA.
As part of the partnership, Network will look to leverage Alipay+ Wallet Tech solutions such as developing e-wallet capabilities to better serve its customers across the MEA.
Alipay+ Wallet Tech 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. In addition, Network will look to introduce Alipay+ payment solutions to the online platforms it supports in this region, providing consumers with 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.
Network says it also 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, thereby enabling global merchants to accept more local payment methods and better connect with local consumers.
