Network International: Jordan E-payment Industry To Witness Growth Amid New Strategic Partnerships

 

  • The leading payment solutions provider highlighted optimistic outlook during fifth annual Network Payments Conference
  • Network International brought together key local industry players for yearly event

 

(Amman, Jordan – November 5 2017) – Network International, the leading payment solutions provider in the Middle East and Africa (MEA), hosted its fifth annual Payments Conference recently at the Four Seasons Hotel Amman. Held under the theme “Taking e-payments forward for a better tomorrow”, the event brought together key experts and stakeholders in the fields of e-payments, financial solutions, retail, banking and the public sector, in order to share insights and discuss opportunities for collaboration.

The conference was held under the patronage of the Central Bank of Jordan (CBJ) and was attended by Deputy Governor of CBJ, Maher 'Sheikh Hasan', and CBJ’s Executive Manager of Payment Systems and the Domestic Banking Operations Department, Maha Al Bahou.

The one-day event aimed to provide participants with an increased understanding of the rapidly evolving e-payments industry, particularly as new technologies are enabling the development of innovative products and services. Leading experts in the financial services sector shed light on exciting developments and innovations in Jordan's payments industry including Murad Al-Saleh, Head of Retail Banking at Standard Chartered Jordan; Mohammed Qadadeh, Vice President of Government Services and Solutions at MasterCard Jordan; Janti Abdullah, STS PayOne General Manager; Mohanned Audeh, Director of Marketing and Business Development of Zain Jordan, in addition to an opening address by Network International’s Chairman, Abdulla Qassem and a presentation on key payment industry trends by Group CEO, Simon Haslam.

Commenting on the event, Amjad Al Sadeq, Chief Executive Officer of Network International Jordan, said, “We are delighted to organize and host this important annual event, which provides a pivotal platform for leaders across numerous industries to exchange valuable knowledge and ideas. The Network Payments Conference underlines our leading role in providing value-added payment services and insights that enable commerce so our clients and stakeholders can grow, expand, and develop their business. Hosting this event also supports our ongoing efforts to expand and develop our own services: we are currently working with our strategic partners to introduce an array of e-payment services in Jordan that will further elevate this crucial industry.”

In line with His Majesty’s vision, Network International has played a vital role in the expansion of the e-payment industry in Jordan, by supporting local partners such as eFAWATEERCOM and working with CBJ to support the integration of JoMoPay with other payment methods, in order to achieve the Central Bank’s vision for increased financial inclusion across the Kingdom.

“As we continue to push for simpler and more efficient e-payment solutions in the Kingdom, I am certain that the annual Network Payments Conference will create several opportunities for collaboration and growth in the payments sector,” added Al Sadeq. 

The conference concluded with a gala dinner and the Payments Conference Awards that recognizes organizations and individuals who demonstrate exceptional leadership and vision in developing Jordan’s e-payments landscape.

This year’s conference was sponsored by Standard Chartered Bank (Platinum Sponsor); MasterCard (Official Payment Company Partner); STS PayOne and S2M Secure Digital Solutions (Gold Sponsors); Executive Telecom Company & GEPCOM (Silver Sponsors); and Zain Jordan (Official Telecom Partner).

          About Network International:

Established in 1994, Network International LLC is the largest acquirer in the UAE, and a leading payment solutions provider in the Middle East and Africa region (MEA), servicing more than 70,000 merchant partners and 200 financial institutions across 55 countries. The company’s service offering comprises a comprehensive range of payment products and services for both the Issuing and Acquiring segments of banks, financial institutions and retail merchants including end-to-end consultancy ranging from planning and designing to developing of new card and consumer finance products and services. In addition, the company offers several value-add products including data analytics, scoring and loyalty solutions. Network International has Operation centers in the UAE, Egypt, Jordan, South Africa and Nigeria, with its corporate head office in Dubai. The company recently acquired Emerging Markets Payments Holdings Limited (EMPH) and continues to invest in strategic partnerships that will increasingly see its influence spread across the region.

As the first independent vendor certified by both Visa & MasterCard for card payments in the Middle East, Network International is a Principal Member of Visa International and MasterCard International in the UAE and enjoys extension of its MasterCard License in other key countries. It is also a member of JCB and Union Pay card schemes, and it owns and manages the Diners Club International Franchise in the UAE, Egypt, Lebanon and Jordan. The company also launched a GCC-based domestic scheme, Mercury, and partnered with Discover Financial Services (DFS) to allow global acceptance of Mercury cards on the Discover, Diners Club International and PULSE networks. Network International is a Payment Card Industry Data Security Standard (PCI DSS) certified company.

 

 

All Rights Reserved - Living Well 2017