What’s this about?
- Airtel Africa has partnered with Network International to enhance payment processing across the Middle East and Africa, aiming to improve digital financial services and customer experience.
- The collaboration will enable Airtel Africa to leverage Network International’s expertise in transaction processing, card issuance, fraud prevention, and technical support, benefiting users with seamless and secure payment solutions.
- Network International’s extensive knowledge of the African market and experience in serving financial institutions will support Airtel Africa’s growth strategy and digital financial inclusion efforts across 14 countries.
Zoom in…
Airtel Africa, a telecommunications and mobile money services provider with a presence in 14 countries in Africa, has partnered with payment processor Network International (Network) for payment processing across the Middle East and Africa (MEA).
This collaboration is set to drive Airtel’s continued provision of cutting-edge mobile services across the continent and beyond. By partnering with Network International, Airtel Africa will be well-equipped to navigate the dynamic landscape of digital finance, drive innovation and deliver unparalleled value to its users and stakeholders.
Network International’s expertise spans across 50 countries including 40 in Africa, serving over 200 financial institutions, and facilitating more than 1.6 billion transactions. Its in-depth knowledge of the African market makes it an ideal partner for Airtel Africa.
Network International will roll out its services in key Airtel Africa markets, covering card issuance products and providing technical support. This includes a comprehensive range of services such as transaction processing, card hosting and management, online fraud prevention, internal reconciliation and settlement and online access for Airtel users. This solution will offer Airtel Africa’s users the convenience and ease of accessing a wide range of both conventional mobile services and new digital payment services all through a smooth and elevated customer experience.
What they’re saying…
According to Ian Ferrao, Group CEO of Airtel Money, “We are thrilled to partner with Network International to enhance our payment processing capabilities. This collaboration will enable us to deliver a superior customer experience and drive digital financial inclusion across Africa. Network International’s proven track record and deep understanding of the African market will allow us to innovate and scale our services more effectively. Together, we will empower our users with seamless and secure payment solutions, fostering economic growth and inclusion in the communities we serve.”
Dr. Reda Helal, Group Managing Director – Processing, Africa and Co-Head Group Processing at Network International, commented, “Our collaboration with Airtel 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 Airtel’s growth strategy and its business development plans for the entire continent.”
Source: techmoran.com
