Network International, a leading digital commerce solutions provider in the Middle East and Africa (MEA), has entered into a Memorandum of Understanding (MoU) with Ant International, a subsidiary of the Ant Group, to enhance digital payment options in the MEA region. This collaboration focuses on accelerating digital transformation, fostering financial inclusion, and expanding e-wallet capabilities for MEA businesses and consumers.
As part of this strategic partnership, Network International will integrate Alipay+ Wallet Tech solutions, enabling MEA customers to access a range of advanced e-wallet functionalities. Alipay+ Wallet Tech provides a comprehensive suite of tools for developing e-wallet apps or enhancing super apps, while connecting with major global e-wallets. This enables MEA businesses to reach millions of potential users worldwide, expanding their customer base and market reach.
The MoU also outlines a plan to broaden the partnership’s footprint across more MEA countries in the future. By introducing Alipay+ payment options on its supported online platforms, Network International will facilitate seamless QR code payments for both online and offline transactions, enabling consumers to use their preferred e-wallets or digital payment methods. Alipay+ currently supports over 30 different digital payment solutions globally, enhancing the convenience of cross-border transactions.
Additionally, Network International will collaborate with Ant International’s Antom platform to optimize card payment processing for international debit and credit cards issued in the UAE. This enhancement will support global merchants in accepting a wider range of local payment methods, strengthening connections with regional consumers and improving payment efficiency for businesses.
Digital Payments: A Key Driver for Financial Inclusion in Emerging Markets
Digital payment solutions play a vital role in expanding financial inclusion across emerging markets by granting access to essential services previously out of reach for many. In regions with limited access to traditional banking infrastructure, digital platforms enable individuals to manage, transfer, and save money securely. This is especially important in emerging economies, where significant portions of the population remain unbanked or underbanked and often struggle with limited access to formal financial services.
In the MEA region, collaborations like the one between Network International and Ant International are crucial for building digital payment infrastructure in underserved areas. With access to advanced digital tools like e-wallets and QR code payments, more individuals and small businesses can actively participate in the digital economy. These solutions empower MSMEs to operate more efficiently, process payments quickly, and reduce their reliance on cash, ultimately lowering costs and boosting business growth.
This strategic alliance between Network International and Ant International marks an important step toward expanding financial accessibility, digital innovation, and economic empowerment in the MEA region, supporting small businesses and the communities they serve.
“We are delighted to join hands with Network International to serve regional and global merchants, including SMEs in UAE and the MEA region,” said Peng Yang, CEO of Ant International. “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.”
Nandan Mer, CEO of Network International, also added: “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.”
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