{"id":68218,"date":"2024-11-14T12:12:28","date_gmt":"2024-11-14T10:12:28","guid":{"rendered":"https:\/\/gulftech-news.com\/en\/?p=68218"},"modified":"2024-11-14T12:12:29","modified_gmt":"2024-11-14T10:12:29","slug":"network-international-leverages-mastercards-technology-to-enable-fast-and-efficient-digital-payments","status":"publish","type":"post","link":"https:\/\/gulftech-news.com\/en\/2024\/11\/14\/network-international-leverages-mastercards-technology-to-enable-fast-and-efficient-digital-payments\/","title":{"rendered":"Network International leverages Mastercard\u2019s technology to enable fast and efficient digital payments"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"683\" height=\"1024\" src=\"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2024\/11\/Amnah-Ajmal-EVP-Market-Development-EEMEA-Mastercard-683x1024.jpg\" alt=\"\" class=\"wp-image-68219\" srcset=\"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2024\/11\/Amnah-Ajmal-EVP-Market-Development-EEMEA-Mastercard-683x1024.jpg?v=1731579071 683w, https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2024\/11\/Amnah-Ajmal-EVP-Market-Development-EEMEA-Mastercard-200x300.jpg?v=1731579071 200w, https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2024\/11\/Amnah-Ajmal-EVP-Market-Development-EEMEA-Mastercard-768x1152.jpg?v=1731579071 768w, https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2024\/11\/Amnah-Ajmal-EVP-Market-Development-EEMEA-Mastercard-1024x1536.jpg?v=1731579071 1024w, https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2024\/11\/Amnah-Ajmal-EVP-Market-Development-EEMEA-Mastercard-1366x2048.jpg?v=1731579071 1366w, https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2024\/11\/Amnah-Ajmal-EVP-Market-Development-EEMEA-Mastercard-scaled.jpg?v=1731579071 1707w\" sizes=\"auto, (max-width: 683px) 100vw, 683px\" \/><figcaption class=\"wp-element-caption\">Amnah-Ajmal-EVP-Market-Development-EEMEA-Mastercard<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">Network International to introduce Mastercard Move, a platform set to transform the digital payments landscape where people can transact with flexibility<\/mark><\/strong><\/li>\n\n\n\n<li><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">The collaboration will strengthen existing partnership that is driving exponential growth of digital payment adoption<\/mark><\/strong><\/li>\n<\/ul>\n\n\n\n<p>Building on a longstanding partnership, Mastercard and Network International, one of the leading enablers of digital commerce across the Middle East and Africa, have partnered to enable fast, near real-time and efficient digital payments in the UAE.<\/p>\n\n\n\n<p>The use of digital wallets in the UAE has grown considerably, with two out of every three (<a href=\"https:\/\/www.mondaq.com\/financial-services\/1304318\/money-in-the-digital-age-a-comparative-study-of-e-wallet-regulations-in-uae-and-ksa#:~:text=Both%20UAE%20and%20KSA%20have,e%2Dwallets%20for%20their%20purchases.\">67%<\/a>) UAE consumers now using e-wallets for their purchases. <\/p>\n\n\n\n<p>With this increase in the demand for digital payments Network International will leverage Mastercard Move, Mastercard\u2019s portfolio of domestic and international money movement solutions, to enable Network International\u2019s customers to top up digital wallets, accounts and prepaid cards directly from Mastercard cards.<\/p>\n\n\n\n<p>\u201cBuilding on our successful long-term partnership with Network International, we are delighted to join forces on one of the largest launches of Mastercard Move in the region, bringing added choice and security to funding use cases.<\/p>\n\n\n\n<p>The move marks a new milestone on our shared journey of driving innovation across the region\u2019s payments landscape,\u201d said <strong>Amnah Ajmal, Executive Vice President, Market Development, EEMEA, Mastercard<\/strong>.<\/p>\n\n\n\n<p>\u201cOur partnership with Mastercard aims to accelerate the adoption of innovative digital payment methods through advanced technology. <\/p>\n\n\n\n<p>Leveraging Mastercard Move in the UAE aligns with our commitment to providing our customers with secure, efficient and innovative payment solutions that meet the evolving demands of today\u2019s digital economy. <\/p>\n\n\n\n<p>With Mastercard Move, we are aiming to deliver a new level of convenience and speed, further empowering businesses in the UAE,\u201d added <strong>Nandan Mer, Group Chief Executive Officer, Network International.<\/strong><\/p>\n\n\n\n<p>Mastercard and Network International have a strategic partnership in place to grow acceptance, digital payments and merchant collaborations across the Middle East and Africa region. <\/p>\n\n\n\n<p>The two companies have collaborated on multiple initiatives, such as digital and low-cost acceptance solutions, the AI-powered fraud prevention solutions and various products and services driving innovation in the commercial, fintech and banking segments.<\/p>\n\n\n\n<p>Mastercard Move, the technology company\u2019s comprehensive portfolio of money movement capabilities, powers a variety of payment experiences, including person-to-person payments, business payments and disbursements. <\/p>\n\n\n\n<p>The portfolio\u2019s reach spans 180 countries and over 150 currencies, with access to more than 95% of the world\u2019s banked population.\u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amnah-Ajmal-EVP-Market-Development-EEMEA-Mastercard Network International to introduce Mastercard Move, a platform set to transform the digital payments landscape where people can transact with flexibility The collaboration will strengthen existing partnership that is driving exponential growth of digital payment adoption Building on a longstanding partnership, Mastercard and Network International, one of the leading enablers of digital commerce across &hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[487,941],"class_list":["post-68218","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-mastercard-2","tag-network-international"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Network International leverages Mastercard\u2019s technology to enable fast and efficient digital payments - Gulf Tech News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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