Network International, a key facilitator of digital commerce in the Middle East and Africa (MEA), has been selected as the Payment Processor–issuing partner for MTN Group Fintech, Africa’s top mobile financial services provider
This collaboration marks a major expansion of the Network’s issuer processing partnerships across the continent.
Operating in over 50 countries and serving more than 250 financial institutions, Network International will leverage its expertise to strengthen MTN Fintech’s mobile financial services, delivering increased value to customers and stakeholders across Africa.
The partnership aims to launch card issuance products in major MTN Fintech markets, beginning with Rwanda, which is already active. Uganda, Ivory Coast, and Nigeria will soon follow. Network International will provide a full suite of services, including transaction processing, card management, and online fraud prevention, ensuring a seamless experience for MTN Fintech users who can access both traditional mobile services and digital payment solutions.
Dr Reda Helal, group managing director – Processing, Africa and Co-Head of Group Processing at Network International, highlighted the importance of the collaboration, stating: “Our collaboration with MTN Group Fintech marks a major milestone for our outsourced payments services in Africa. It demonstrates our ability to successfully serve Mobile Network Operators (MNOs) via our fully-fledged processing solutions and our continued dedication and commitment to the African region. We are excited to support MTN Group Fintech’s growth strategy, and its business development plans across the continent.”
Cedric N'guessan, an executive for payment and E-commerce at MTN Group Fintech, emphasised the partnership’s role in advancing financial inclusion, and added, "This collaboration with Network International is pivotal in enhancing financial inclusion across Africa and beyond. It enables our customers to actively engage in the global economy, aligning perfectly with our strategic goals alongside Mastercard to broaden access to digital financial services across the continent."
MTN, Network International expand digital payments
MTN Group Fintech selects Network International as its payment processor, expanding card issuance in Africa to enhance digital financial services and inclusion. (Image source: Network International)
