Network International launches Slice instalment payments in UAE
By Milan Rojan
Network International has launched Slice, a card-based instalment payment solution that enables shoppers in the UAE to split eligible purchases into interest-free, fee-free instalments at the point of sale.
Murat Cagri Suzer, Group Chief Executive Officer of Network International, said: “What makes Slice possible is the ecosystem we have created across financial institutions, merchants and consumers. By bringing these participants together on a single platform, we are able to introduce innovative solutions that deliver value for everyone.”
Developed in collaboration with participating banks, the solution has been integrated into Network International’s existing point-of-sale (POS) infrastructure, allowing customers to convert purchases from approximately US$27 into instalments without additional registration or approval. The option has been made available both in-store and online through participating merchants.
The company has said Slice operates within the existing card payment flow, enabling shoppers to choose between paying in full or in instalments during checkout. By removing the need for separate instalment platforms, the solution has been designed to simplify the payment experience while providing merchants with faster settlements and a streamlined checkout process.
According to Network International, around 55% of credit cards in the UAE have already been enabled for Slice through partnerships with participating card issuers, allowing eligible cardholders to access the service immediately.
The launch has expanded Network International’s portfolio of value-added payment services as the company continues to strengthen its payment acceptance infrastructure across the region. The company expects the solution to help merchants improve conversion rates, increase average transaction values and offer customers greater flexibility at checkout while supporting the continued growth of digital payments in the UAE.
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