Intelligent CXO Issue 30 | Page 48

INTELLIGENT SECTION

FINANCE SALES & MARKETING HR SOLUTIONS EMPLOYEE ENGAGEMENT

noqodi expands collaboration with Network International to broaden its digital payments offering to new business segments

noqodi , a leading FinTech company has broadened its collaboration with Network International ( Network ), a leading enabler of digital commerce across the Middle East and Africa ( MEA ) region , enabling the company to expand digital payments acceptance for a wider range

THERE IS A GROWING NEED FOR EASILY ACCESSIBLE INNOVATIVE DIGITAL PAYMENT SOLUTIONS THAT HELP SIMPLIFY BUSINESS OPERATIONS . of sectors beyond just government and private sector services .
Network will empower noqodi ’ s various existing payment channels , including e-commerce , POS and SoftPOS , to accept card payments , as it looks to support new unbanked segments and sectors such as retail and commerce , among others .
noqodi is a FinTech company fully owned by emaratech , a leading online technology solutions and consulting company in the Arab world and a part of the Investment Corporation of Dubai . noqodi is already integrated with multiple banks and payment options , providing a unified payment platform for government and selected private merchants , including direct debit , online banking , cash through partner exchange houses , etc ., in addition to the complete automation of collections , reconciliation , settlement and transactionrelated services .
Andrew Key , Group Managing Director – 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 . 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 a wide range of payment solutions , including e-commerce , POS and SoftPOS , to new sectors that currently cannot get access to such payment options .
“ Together with Network , and leveraging noqodi ’ s unique value proposition , we are committed to supporting micro , small and medium enterprises and simplifying their business operations with accessible and innovative digital payment solutions . This alliance reinforces our dedication to advancing digital payments in line with Dubai ’ s vision of becoming a fully cashless economy .” x
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