Network International to revolutionise digital payment landscape
Network International (NI), a digital payments company in Africa and the Middle East, is set to introduce cutting-edge solutions designed to enhance customer experience and business drive in the local digital payment market.
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This follows the launch of its new status in the Ghanaian market with a commitment to deliver frictionless digital payment systems to clientele.
As a digital payment platform with three decades of experience in over 50 countries in Africa and the Middle East, NI has highlighted a range of innovative products and solutions to unpack in the provision of digital banking smart cards, as well as cardless services such as mobile money and Fintech payment platforms, among others.
The solutions, among others, on the theme: ‘Payment as a service-Built for the future’, the management explained, would birth frictionless services fully compliant with the highest security and quality standards.
Even though NI has been operating in the country over the past 15 years, meticulously building its presence with the provision of tailored solutions to about 18 banks and Fintech institutions, management believes the time is due to inch digital payments a notch higher.
Investments
The Managing Director of Network International Ghana, Perry Addo-Quaye, speaking at the launch of the company in Accra, stressed that the brand had been accelerating investments to improve and expand its local processing capabilities over the years, innovating on its value propositions, and more importantly, nurturing top local talents to help deliver its global expertise.
“Network operates in Ghana a unified, integrated, and modular payment processing platform, offering a set of payment products and solutions that enable issuers and acquirers to deliver exceptional digital payment experiences to their end customers,” he said.
Mr Addo-Quaye added that the platform NI offered was configurable, allowing faster go-to-market and enhanced operational and cost efficiencies.
It was also a robust and best-in-class platform that offers rich digital-first capabilities for card and merchant hosting, payment transaction processing and management, digital channel management and many more.
“It also offers a set of empowering value-added services and solutions that provide a competitive advantage for our existing and future clients,” he emphasised.
Banking services
The Regional Managing Director, West and Central Africa, Chinwe Uzoho, provided the context of the company’s investment in Ghana, stressing that the noticeable shift in consumer behaviours in adopting digital channels in everyday life, the need for speed in accessing banking services, and the growing intent of the central bank and regulatory bodies to improve the control framework of funds and data movements, were all valid reasons to be physically present in the country.
“Our decision to intensify our investment in Ghana reflects our recognition of the dynamic and evolving payment landscape in the country and the region,” Mr Uzoho said.
“We see a strong demand for digital and fast payment solutions from businesses and consumers and a need for more secure and compliant payment systems from regulators and central banks. Our capabilities, technology, people and compliance, are well suited to meet these needs,” she said.