Network International to offer payment solutions to Citi bank’s clients

By Gloria Methri

Network International has signed a referral arrangement with Citi to enhance payment experiences for the bank’s corporate clients by leveraging Network’s comprehensive omnichannel payment solutions.

The referral arrangement will empower Citi to offer its corporate clients better payment management solutions, including enhanced transaction efficiency, increased security, and seamless payment integration capabilities.

The collaboration enhances Network’s position as a preferred partner for payment solutions amongst UAE financial institutions while benefitting from an expanded market presence.

Jamal Al Nassai, Group Managing Director of Merchant Services at Network International, said, “We are pleased to enter a referral arrangement with Citi to provide omni-channel payment acceptance solutions to large enterprise customers of Citi across the MEA region. This collaboration is a testament to the trust that Citi has in our payment platform, which offers a wide variety of payment methods along with the highest levels of security and convenience. We are confident that this referral arrangement will enable Citi to provide more comprehensive corporate banking services to their valued clients while enabling Network to strengthen its leadership in the digital payments landscape in the MEA region.”

Vivek Vaidyanathan, Citi Treasury & Trade Solutions Head, Middle East & Pakistan, said, “By collaborating with a leading regional player such as Network International, we can offer seamless market-relevant payment experiences, thereby helping businesses optimize their marketplace payments, business-to-business and direct-to-consumer transaction flows.”

Citi Treasury and Trade Solutions (TTS), part of Citi Services, banks nearly 1,100 of the multinationals active in the Middle East and more than 400 of the leading emerging market leaders that are headquartered locally and have global or multi-country aspirations. TTS offers cutting-edge payment solutions, including 24/7 US dollar clearing for financial institutions, the Citi Global Beneficiary Services Payment Tracker, and Spring by Citi, an end-to-end digital payments acceptance solution.