Network International, Dubai-based Payment Services Provider, Launches Network One in Nigeria

Network International, a Dubai-based payment services provider, has launched its new digital payment platform, Network One, in Nigeria. 

This $250 million platform is designed to empower banks, mobile network operators (MNOs), and fintechs across Nigeria and the broader West African region. 

Network International Launches Network One

The launch aligns with the CBN’s directive for in-country transaction routing, aiming to enhance local payment processing capabilities.

The integrated platform provides banks, FIs, and fintechs with a range of payment products and services locally in Nigeria for both issuers and acquirers.

It offers both merchant and issuer solutions, hosted and supported in-country. It utilises advanced technologies to provide end-to-end payment processing capabilities.

The suite is complemented by a variety of value-added services such as digital, loyalty, tokenization, and enterprise fraud prevention.

Also, including embedded finance, data and advisory solutions, and many more.

Network International Innovation To Make Financial Services Easier

Network International is strategically investing in rolling out the platform in key markets to effectively serve its local and regional clients and partners across the MEA region.

Nandan Mer, Group CEO, Network International, said: “This major milestone took us only a few months to deploy. This is thanks to a local team that worked tirelessly and seamlessly.”

“They worked effectively with cross-functional colleagues in various geographies. This is to ensure we deliver on the digital payment platforms’ promise of innovation, resilience, and agility.”

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“Taking the new digital payment platforms live in Nigeria is integral to our company’s continued commitment to the country and continent.”

Network International emphasized its readiness to collaborate and co-innovate with local banks and mobile network operators. It aims to reach small and medium-sized enterprises and payment experts in Nigeria.

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