Network International, the region’s leading card solutions provider, has entered into a processing card agreement with Al Masraf. The contract will cover end-to-end card processing services, enabling Al Masraf to issue credit cards to its customers.
“Network International is committed to providing the latest technology and seamlessly integrated services to its customers across the region,” said Abdulla Qassem, Chairman, Network International. “Our teams are looking forward to working with Al Masraf to provide an end-to-end solution that will enable the client to service its customers effectively.”
Commenting on the deal, Ibrahim Nasser Rashid Lootah, General Manager & Member of Board of Directors, Al Masraf, said: “The choice of Network International was a natural one as they are definitely the leaders in the industry, both in terms of technology, capacity to undertake big contracts as well as quality of service. I am sure our work together will add great value to our customer offerings.”
The contract will see Network International assist Al Masraf in card scheme certification and will undertake processing of customer card applications, card embossing and personalization, pin generation, card authorization, card-holder statements and payment reconciliations.
About Network International
Network International LLC, the preferred card solutions provider located in United Arab Emirates, is the first independent vendor certified by both Visa & MasterCard for card payments in the Middle East. It is the only third party processing vendor in the region which is capable of providing banks, the retail industry and financial institutions with complete EMV certified solutions as they migrate to EMV SmartCard technology.
www.network.ae
