Browsing: Network International

• A new alliance between fintechs Network International and Ant International is set to stir up the digital finance ecosystem in Africa and the Middle East.
• Deal will see banks, fintechs, and telcos across the MEA gain access to a cutting-edge digital wallet suite.
• With Alipay+ Wallet Tech, Network aims to offer businesses enhanced experience in digital payments.

The push to enhance financial inclusion and digital wallet offerings in Africa has received a shot in the arm with Network International and Ant International announcing a strategic partnership aimed at revolutionizing mobile wallet technology.

Through this collaboration, banks, fintechs, and telecommunications companies across the Middle East and Africa (MEA) region will gain access to cutting-edge digital wallet solutions, bolstering financial inclusion and the digital transformation landscape.

The partnership agreement, signed at a ceremony attended by H.E. Jamal Abdulla AlSuwaidi, the UAE Ambassador to Singapore, marks a new chapter for digital payment expansion …

• The momentum of financial inclusion programmes is progressively strengthened as financial institutions, businesses and consumers embrace cashless convenience and digital payments that are secure and seamless.
• Currently, Rwanda is a prime market for digital payments, with a young population of which 69 per cent is below the age of 30, and the second-highest population density in Africa

The momentum of financial inclusion programmes is progressively strengthened as financial institutions, businesses and consumers embrace cashless convenience and digital payments that are secure and seamless. Technology development broadens the scope of delivery of financial services, and the advantages of digital payments manifest in providing easy access to the masses, reducing travel and queuing times, quicker transactions and seamless money movements that are cashless.

Currently, Rwanda is a prime market for digital payments, with a young population of which 69 per cent is below the age of 30, and the second-highest population density …

The licensing follows a solid end to 2021, which saw DPO partner with a global leader in travel technology, Amadeus. Customers can now accept local payments, including via mobile money and card payments, allowing international airlines to operate locally and African airlines to expand globally. As a result of the partnership, DPO is connected to multiple regional and international airlines via Amadeus’s airline passenger system.

DPO Group plans to Further extend its growth in 2022, targeting new product innovation and territory launches.

The increased partnerships momentum follows the 2021 landmark acquisition by Network International, a globally renowned facilitator of e-commerce in the Middle East and Africa region.…