UAE-based fintech noqodi has expanded its collaboration with e-commerce enabler Network International.
Network will allow noqodi’s various existing payment channels, including e-commerce, POS and SoftPOS, to accept card payments, to support new unbanked segments and sectors such as retail and commerce.
Group managing director of acquiring at Network International, Andrew Key, said: “As a leading digital payments company in the region, we are delighted to expand and strengthen our engagement with noqodi, to empower micro, small, and medium enterprises (MSMEs) in the region.
“Digital payments are becoming more commonplace in the UAE, with businesses of all sizes now shifting toward cashless transactions. Given this, there is a growing need for easily accessible innovative digital payment solutions that help simplify business operations. We look forward to supporting noqodi by strengthening its payment capabilities through our best-in-class acceptance solutions. Our partnership further reaffirms our commitment to boosting digital payments in the region in line with Dubai’s bid to become a fully cashless economy.”
Dubai-based noqodi fintech, owned by emaratech, provides a unified payment platform for government and selected private merchants, including direct debit, online banking, and cash through partner exchange houses.
General manager at noqodi, Zahi Kallab, said: “We are excited about our collaboration with Network International as we look to expand our reach and enable more digital payments across various sectors in the market.
“This will allow us to offer various payment solutions, including e-commerce, POS and SoftPOS, to new sectors that currently cannot access such payment options. Together with Network and leveraging noqodi’s unique value proposition, we are committed to supporting micro, small and medium enterprises and simplifying their business operations with accessible and innovative digital payment solutions. This alliance reinforces our dedication to advancing digital payments in line with Dubai’s vision of becoming a fully cashless economy.”
Network International is part of a group of companies that extends digital commerce solutions across the Mea region. The company provides technology-driven payment solutions, including acquiring and processing services, to merchants as well as financial institutions.
Earlier this year, Network International forged a partnership with MishiPay to bring self-checkout solutions to the Middle East.
