Airtel Africa, a prominent telecommunications and mobile money service provider operating in 14 African nations, has recently designated Network International (Network) as its official payment processor
Network, a key player in digital commerce within the Middle East and Africa (MEA), is poised to enhance Airtel’s delivery of state-of-the-art mobile services throughout the continent.
Enhancing digital finance in Africa
The partnership with Network International equips Airtel Africa to adeptly handle the evolving digital finance sector, fostering innovation and providing exceptional value to customers and stakeholders alike.
Boasting operations in 50 countries, including 40 in Africa, and supporting over 200 financial institutions with more than 1.6 billion transactions, Network International’s profound understanding of the African market positions it as an optimal ally for Airtel Africa. Network International is set to deploy its services across pivotal Airtel Africa markets, encompassing card issuance and technical assistance. The suite of services extends to transaction processing, card management, fraud prevention online, reconciliation, settlement, and granting Airtel users online access. This initiative promises Airtel Africa’s customers a seamless and enhanced experience, granting easy access to a broad spectrum of traditional mobile and innovative digital payment services.
Speaking on the partnership, Ian Ferrao, group CEO, Airtel Money, 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.”
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 fully-fledged 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.”