Dubai: Network International has struck a pact with TerraPay Payment Services to allow visitors from Africa to use their mobile wallets with merchants in the UAE.
These wallets will be accepted at Network’s terminals in the UAE and ecommerce platform and settled using TerraPay’s payment processing. This will benefit Network’s merchants and acquirer-processing clients in the UAE, and with the potential to expand to Network’s remaining markets in the Middle East and Africa. “With rising digital payments movement across businesses and their consumers, our association with Network will further drive this transformation to cashless societies,” said Rizwan Qazi, Vice-President - Payments Partnership and Special Projects, TerraPay. "This is an opportunity to connect the company’s digital prowess and on-ground reach and offering end-consumers their choice of money payment channels.”
“Mobile wallets are increasingly gaining popularity as a preferred payment method,” said Nandan Mer, Group CEO, Network International. “TerraPay is expected to facilitate easy and quick adoption of mobile wallets across the region, serving consumers seeking secure contactless payments options.”