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Invest Bank taps Network International to streamline digital payments

By Gloria Methri

August 23, 2024

  • Digital Transformation
  • FinTech
  • Invest Bank
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Network International, Invest Bank, UAEUAE-based Invest Bank has partnered with Network International to extend digital payment services to its corporate customers.

The collaboration will enable the bank to extend the Network’s merchant acquiring, card acceptance and payment services for its corporate clients. This, along with its full suite of technology-enabled payment solutions, achieved through a secure, scalable, and integrated omnichannel approach.

The collaboration establishes Network as the preferred partner for enabling payment solutions amongst its UAE customers and empowers Invest Bank to strengthen its position in the market effectively.

Jamal Al Nassai, Group Managing Director, Merchant Services at Network International, “We are excited to collaborate with Invest Bank in their digital transformation journey. This partnership reinforces the Network’s commitment to empowering financial institutions across the region with secure, scalable, and innovative payment services. We are confident that this collaboration will enable Invest Bank to provide more value to their corporate clients while enabling Network to strengthen its leadership in the region further.”

Pankaj Kundra, Group Head of Products, Partnerships and Enterprises at Network International, said, “By integrating our omnichannel payment technologies with Invest Bank’s offerings, we’re enabling their corporate clients to manage payments seamlessly across all channels—whether online or in-store. This partnership will enable Invest Bank’s clients to benefit from a unified, secure payment experience, allowing them to streamline their operations.”

Hemant Patel, Head of Transaction Banking at Invest Bank, said, “We are committed to enhancing the efficiency and security of our payment management solutions for our Wholesale Banking customers. We are excited to partner with Network International, as this collaboration marks a significant advancement in our digital transformation journey. By integrating Network’s omnichannel payment technology, we are confident that we can offer value and convenience to our clients, helping them to digitize and streamline their payment management processes and achieve their business goals more efficiently.”

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