Friday, October 18, 2024

Network International partners with Prime Bank to expand digital payment solutions in Kenya

Network International

Network International (Network), a leading enabler of digital commerce in the Middle East and Africa, has signed a referral agreement with Prime Bank (the “Bank”) in Kenya. The partnership will enhance access to payment acceptance for the Bank’s Corporate and Enterprise clients.

Under this agreement, Prime Bank will refer its clients to Network in Kenya, allowing them to avail a comprehensive range of payment options including mobile money, card payments, and QR code solutions powered by Network. In addition, the unified platform will enable merchants to accept payments in over 140 currencies, servicing international customers. The partnership will enhance the customer experience by offering flexible and diverse payment solutions.

Judy Waruiru, Regional Managing Director for Eastern Africa at Network, said: “We are excited to partner with Prime Bank as this enables us to roll out a host of diverse, digitally advanced payment solutions for their clients. We look forward to supporting the Bank by strengthening their payment capabilities with our best-in-class solutions. This partnership contributes to our goal of accelerating digital payments across the Middle East and Africa (MEA), where cash remains dominant.”

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Prime Bank’s Chief Executive Officer, Rajeev Pant, added, “This collaboration with Network will enhance our value proposition to our corporate customers. We are committed to bringing flexible, efficient, convenient, and personalized digital payment solutions to our corporate customers which will enable them to accept payment from cards, mobile money, PDQ machines, to QR codes, all on a single platform.”

Under this agreement, Prime Bank’s Corporate and Enterprise customers will receive PDQ machines and QR code solutions by Network to enable integrated payments. E-commerce customers will also receive Network’s plug-ins integrated into their platforms for free, enabling them to provide flexible payment options during checkout, improving business and customer experiences.

NCBA


This partnership follows Network International’s recent launch of its in-store payment solutions in Kenya.

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