Planet Payment, a payment processing company, has announced a multi-year extension of its contract with Network International, a United Arab Emirates (UAE) payments service provider.
At the heart of the deal is Planet Payment’s ‘Pay in your currency’ service, which Network International has provided in the UAE since 2010.
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The number of years for which the contract has been extended is not known.
Speaking on behalf of Planet Payment, Jonathan Ellis, managing director for the UK and EMEA, said: "We believe that the extension of our agreement with Network International is a testament to the strength of our product offering and commitment to service excellence."
"Our solutions allow merchants to provide an enhanced customer service and increase the profitability of their business and we look forward to continuing to work with Network International to deliver Pay in Your Currency to the dynamic UAE market," he commented.
Headquartered in New York, Planet Payment counts over 60 acquiring banks and processors among its customers, serving over 20 countries across the globe.
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