Middle East-based payment solutions providers
Network International has gone into an agreement with Ahli United
Bank to start a POS acquiring service in Bahrain.
Ram Chari, CEO of Network International,
said:
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“With the leading market share on the
acquiring side in the UAE, Network International is rapidly
developing a truly region-wide footprint. This partnership is
further evidence of our ability to offer an unrivalled range of
end-to-end payment solutions to our partner companies in the Middle
East.”
Abdulla Al Raeesi, Deputy Group CEO – Retail
Banking, Ahli United Bank said that there would be a “subsequent
extension” of this deal to other key markets for the bank.
“The Network International platform (…) will
enable Ahli United Bank to meet its objectives of providing
enhanced merchant solutions in Bahrain and its subsequent extension
to cover other key AUB markets, with innovative features such as
integrated multi-lane solutions, hotel solutions, new e-commerce
services, dynamic currency conversion and loyalty programs to
address the specific needs of all business sectors,” Al Raeesi
said.
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