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Reem Finance taps Network International for digital transformation

By Gloria Methri

June 26, 2024

  • Card Payments
  • Digital Commerce
  • Digital Payment Solutions
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Network International, Network, Reem Finance, Digital Transformation, Payment Processing, Digital Payments, FinTech, UAENetwork International, the enabler of digital commerce in the Middle East and Africa, has signed a strategic partnership with Reem Finance, a financial services provider in the UAE. The strategic alliance aims to leverage the Network’s expertise to provide a fully-fledged payment processing solution to support the digital transition.

The partnership with Network complements Reem Finance’s focus on offering customers a unique banking experience in tune with the digital age. The scope of services includes a comprehensive range of products and services, including transaction processing, card hosting and management, and value-added services.

As one of the region’s largest payment solutions companies, Network said it aims to support the UAE’s financial services sector by offering innovative solutions to customers and enhancing consumers’ experiences.

Navneet Dave, Managing Director & Co-Head of Processing – Middle East at Network International, said, “We are thrilled to partner with Reem Finance as we jointly deliver innovative digital payment solutions that offer an effortless and secure experience for customers. Our collaboration builds on the Network’s three decades of experience and expertise in creating world-class digital payments infrastructure and services for clients. It underscores Network’s commitment to empowering our partners with cutting-edge processing services and value-added solutions and driving growth in the UAE financial services industry.”

Seraj Faidi, CEO of Reem Finance, said, “As part of our ongoing commitment to enhancing the quality of our products and services for our esteemed clients, and in light of our recent collaborations with prominent service providers and partners, we are delighted to partner with Network International to explore innovative paths to accelerate digitizing our services to serve our customers better. This engagement is an important step for Reem Finance in expanding our capabilities to provide top-tier friendly and easy-to-use services to our customers.”

He added, “We are confident that with Network International, the processing of card transactions related to both consumer and commercial sectors will be state-of-the-art and seamless. We are committed to playing a vital role in elevating the financial system in the UAE, delivering value to our shareholders, and prioritizing the needs of our clients.”

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