Intelligent CIO Africa Issue 90 | Page 61

INTELLIGENT BRANDS // Green Technology

Network International appointed as Payment Processor Issuing by Airtel Africa

Network International , the enabler of digital commerce across Africa , has been appointed as Payment Processor – Issuing by Airtel , one of the largest telecom operators in Africa . This marks a major development amidst Network ’ s growing portfolio of issuer processing collaborations within the continent .

Network International ’ s expertise and market experience spanning 50 countries , its track record of serving over 200 financial institutions and facilitating more than 1.6 billion transactions coupled with its in-depth knowledge of the African market make it an ideal partner for Airtel .
This collaboration is poised to be a catalyst for Airtel ’ s continued provision of cutting-edge mobile services within the continent and beyond . Leveraging Network International ’ s expertise , Airtel is well-equipped to navigate the dynamic landscape of digital finance , drive innovation , and deliver unparalleled value to its users and stakeholders .
The contract with Airtel involves a rollout across key Airtel markets , covering card issuance products .
Network will offer its expertise and technical support to Airtel , which includes a comprehensive range of products and services from transaction processing , card hosting and management , and online fraud prevention to APIs sandbox , internal reconciliation and settlement , and online access for Airtel users . The solution chosen by Airtel will provide its users the convenience and ease to access a wide range of both conventional mobile services and a new set of digital payment services , all through a smooth and elevated customer experience .
Dr Reda Helal , Group Managing Director – Processing , Africa and Co-Head Group Processing at Network International , commented : “ Our collaboration with Airtel marks a major milestone for our outsourced payments services in Africa . It demonstrates our ability to successfully serve Mobile Network Operators , MNOs via our fullyfledged processing solutions and our continued dedication and commitment to the African region . We are excited to support Airtel ’ s growth strategy and its business development plans for the entire continent .”
Ian Ferrao , Group CEO , Airtel Money – Airtel Africa , Airtel Group , said : “ We are
thrilled to partner with Network International to enhance our payment processing capabilities . This collaboration will enable us to deliver a superior customer experience and drive digital financial inclusion across Africa . Network International ’ s proven track record and deep understanding of the African market will allow us to innovate and scale our services more effectively . Together , we will empower our users with seamless and secure payment solutions , fostering economic growth and inclusion in the communities we serve .”
Network International provides a full suite of technology-enabled payments solutions to merchants and financial institutions of all types and sizes , including acquiring and processing services and a comprehensive ever-evolving range of value-added services . It currently operates in 50 countries across the MEA region , including more than 40 African markets .
Airtel is a provider of telecommunications and mobile money services in Africa , operating in 14 countries across the continent primarily in Central and West Africa . It serves over 140 million customers , including nearly 60 million data customers and over 36 million Airtel Money customers . p
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