Network International - a digital commerce enabler in the Middle East and Africa - has officially announced its establishment in Morocco, furthering its strategic expansion in Francophone Africa, IT News Online reports.
Network International has over 30 years of industry leadership. It states that it is committed to accelerating the digitalisation of payments in the Kingdom through cutting-edge technology tailored to the needs of Moroccan financial institutions and businesses.
Nandan Mer - Group CEO of Network International - said, “Morocco represents a major strategic opportunity for us, not only due to its robust financial ecosystem but also because of its key role as a gateway to Francophone Africa. We firmly believe that our expertise, combined with our innovative technology, will significantly contribute to the country’s digital transformation. Our mission is to simplify commerce and make payments more accessible and inclusive for everyone.”
Dr Reda Helal - Group Managing Director of Processing, Africa and Co-Head Group Processing for Network International - said, “Casablanca is the latest addition to the hubs we have in Africa to support local digital payments transformation. We aim to enhance the adoption of digital payments by leveraging local talent and innovative solutions. Our comprehensive range of solutions and value-added services enable banks, fintechs, telecom operators, and payment institutions to meet the evolving needs of their clients and pursue new growth opportunities while adhering to local regulations.”
Network’s presence in Morocco is reportedly intended to strengthen its position in Francophone Africa further, capitalising on shared cultural and linguistic ties. The Moroccan market has a rapidly expanding payments sector and is expected to continue to see notable growth, with major events such as the Africa Cup of Nations 2025 and the FIFA World Cup 2030 pending.
Network has gained significant knowledge in adapting to a variety of regulatory environments and consumer needs, with expertise in over 50 markets. The company says it is now ready to bring this expertise to the Moroccan market, assisting local financial institutions in providing more efficient payment solutions and enhancing the user experience for consumers and merchants alike.
Source: IT News Online
(Quotes via original reporting)
Network International - a digital commerce enabler in the Middle East and Africa - has officially announced its establishment in Morocco, furthering its strategic expansion in Francophone Africa, IT News Online reports.
Network International has over 30 years of industry leadership. It states that it is committed to accelerating the digitalisation of payments in the Kingdom through cutting-edge technology tailored to the needs of Moroccan financial institutions and businesses.
Nandan Mer - Group CEO of Network International - said, “Morocco represents a major strategic opportunity for us, not only due to its robust financial ecosystem but also because of its key role as a gateway to Francophone Africa. We firmly believe that our expertise, combined with our innovative technology, will significantly contribute to the country’s digital transformation. Our mission is to simplify commerce and make payments more accessible and inclusive for everyone.”
Dr Reda Helal - Group Managing Director of Processing, Africa and Co-Head Group Processing for Network International - said, “Casablanca is the latest addition to the hubs we have in Africa to support local digital payments transformation. We aim to enhance the adoption of digital payments by leveraging local talent and innovative solutions. Our comprehensive range of solutions and value-added services enable banks, fintechs, telecom operators, and payment institutions to meet the evolving needs of their clients and pursue new growth opportunities while adhering to local regulations.”
Network’s presence in Morocco is reportedly intended to strengthen its position in Francophone Africa further, capitalising on shared cultural and linguistic ties. The Moroccan market has a rapidly expanding payments sector and is expected to continue to see notable growth, with major events such as the Africa Cup of Nations 2025 and the FIFA World Cup 2030 pending.
Network has gained significant knowledge in adapting to a variety of regulatory environments and consumer needs, with expertise in over 50 markets. The company says it is now ready to bring this expertise to the Moroccan market, assisting local financial institutions in providing more efficient payment solutions and enhancing the user experience for consumers and merchants alike.
Source: IT News Online
(Quotes via original reporting)