noqodi & Network International Collaborate to Expand Digital Payments Offering in UAE

noqodi, a Dubai-based FinTech company, has collaborated with Network International (Network) to expand digital payments acceptance for a broader range of sectors beyond government and private sector services.

Network will allow noqodi's various existing payment channels, including e-commerce, POS, and SoftPOS, to accept card payments, as it aims to support new unbanked segments and sectors such as retail and commerce.

Andrew Key, Group Managing Director of Acquiring at Network International, said, "As a leading digital payments company in the region, we are delighted to expand and strengthen our engagement with noqodi, to empower micro, small, and medium enterprises (MSMEs) in the region. Digital payments are becoming more commonplace in the UAE, with businesses of all sizes now shifting toward cashless transactions."

Key added, "Given this, there is a growing need for easily accessible innovative digital payment solutions that help simplify business operations. We look forward to supporting noqodi by strengthening its payment capabilities through our best-in-class acceptance solutions. Our partnership further reaffirms our commitment to boosting digital payments in the region in line with Dubai’s bid to become a fully cashless economy."

Zahi Kallab, General Manager at noqodi, said, "We are excited about our collaboration with Network International as we look to expand our reach and enable more digital payments across various sectors in the market. This will allow us to offer various payment solutions, including e-commerce, POS and SoftPOS, to new sectors that currently cannot access such payment options."

(Source: IBS intelligence)