Network International, the leading enabler of digital commerce in the Middle East and Africa, and Invest Bank, a premier commercial bank in the UAE, have forged a strategic partnership to extend Network’s digital payment services to the bank’s corporate customers.
According to Industry sources, this milestone partnership will permit Invest Bank to extend Network’s merchant acquiring, card acceptance, and payments services for its corporate clients, along with its full suite of technology-enabled payments solutions leveraging a secure, scalable, and integrated omnichannel approach.
Jamal Al Nassai, Group Managing Director, of Merchant Services at Network International stated, “We are excited to collaborate with Invest Bank in their digital transformation journey. This partnership reinforces the Network’s commitment to empowering financial institutions across the region with secure, scalable, and innovative payment services. We are confident that this collaboration will enable Invest Bank to provide more value to their corporate clients while enabling Network to further strengthen its leadership in the region.”
Pankaj Kundra, Group Head of Products, Partnerships and Enterprises at Network International, stated, “By integrating our omnichannel payment technologies with Invest Bank’s offerings, we’re enabling their corporate clients to manage payments seamlessly across all channels—whether online or in-store. This partnership will enable Invest Bank’s clients to benefit from a unified, secure payment experience, allowing them to streamline their operations.”
Hemant Patel, Head of Transaction Banking at Invest Bank, stated “We are committed to enhancing the efficiency and security of our payment management solutions for our Wholesale Banking customers. We are excited to partner with Network International, as this collaboration marks a significant advancement in our digital transformation journey. By integrating Network’s cutting-edge, omnichannel payment technology, we are confident that we can offer value and convenience to our clients, helping them to digitize and streamline their payment management processes and achieve their business goals more efficiently.”
Industry sources further added that this partnership establishes Network as the preferred partner for enabling best-in-class payment solutions amongst its UAE customers and will empower Invest Bank to effectively enhance its competitive advantage in the market.
