Network International Holdings PLC Renewed processing agreement with Orabank
17 Octubre 2019 - 5:30AM
RNS Non-Regulatory
TIDMNETW
Network International Holdings PLC
17 October 2019
Orabank declares Network International key partner to
establishing digital banking leadership
Network International and Orabank renew processing agreement
Dubai, UAE, 17 October 2019: Network International, the leading
enabler of digital commerce across Africa and the Middle East, has
strengthened its long-standing agreement with Togo-headquartered
Orabank, one of the leading banks in West and Central Africa.
The company's relationship with Orabank began in 2013 when the
bank took the strategic decision to outsource its issuer processing
business to Network International. Network currently offers the
bank a full suite of payment processing and acquirer processing
solutions in 12 countries across Africa.
Strengthening their ongoing relationship, Orabank has signed
Network International as a key partner for an additional seven year
period as it embarks on an ambitious programme to lead digital
banking innovation in West and Central Africa. Network
International's managed services digital banking solution will
enable the bank to offer customers frictionless, 24/7 banking
solutions via a best-in-class digital omni-channel platform.
Network International has been at the forefront of driving
digital payments acceptance in Africa, offering end-to-end payment
solutions to a growing customer base in more than 40 countries.
Simon Haslam, CEO of Network International, said, "We are
pleased to expand our relationship with Orabank, one of our anchor
clients in Africa, as we continue to support their growth and
ambitions in the region. Network shares Orabank's commitment to
powering digital commerce and financial inclusion across Africa and
we are excited for what the future holds for both of us in this
dynamic market. With attractive demographics and a growing
addressable market for digital payments, Africa is a key growth
accelerator for Network and we look forward to continuing to
support like-minded banks and merchants seeking new ways to serve
their customers."
Ferdinand NGON KEMOUM, CEO of Oragroup SA, said, "This mutually
beneficial partnership will continue with more successful years
ahead, in the framework of a rather rapidly growing market. Our
clients demand convenient, affordable and secure payments tools and
Network International enable us to offer them services covering
debit and prepaid cards issuing, ATM, point of sale and e-commerce
acquiring all with a new digital experience with our omnichannel
KEAZ platform."
-Ends-
About Network International
Network International comprises a group of companies and is the
leading enabler of digital commerce across the Middle East and
Africa (MEA) region, providing a full suite of technology-enabled
payments solutions to merchants and financial institutions of all
types and sizes, including acquiring and processing services and a
comprehensive ever-evolving range of value-added services.
Network International Holdings Plc is the holding company for
Network International and the group companies.
Network International:
Tricia Kaul,
ASDA'A BCW,
Dubai, UAE,
Tel: +971 4 450 7600
Email: tricia.kaul@bm.com
About Oragroup
Through its Orabank brand, Oragroup is present in 12 countries
in West and Central Africa (Benin, Burkina Faso, Chad, Gabon,
Guinea, Guinea Bissau, Ivory Coast, Mali, Mauritania, Niger,
Senegal, and Togo) and four monetary zones (UEMOA, CEMAC, Guinea,
and Mauritania). With 152 branches and 1,857 employees, Oragroup
offers a wide range of banking products and service to its 430,000
customers (large companies, national and international companies,
SMEs, and individuals) in line with its principles of proximity and
responsiveness.
Oragroup also focuses on populations who have little to no
access to banking services, working toward financial inclusion
through the use of innovative solutions. This commitment is
reflected in its approach to CSR, an integral part of its strategy
and a priority for its governing bodies, which is focused on energy
transition, environmental and social risk management, and the
well-being of the public and its employees.
For more information, please visit www.orabank.net or follow us
on LinkedIn, @GroupeOrabank on Twitter, Facebook, Instagram and You
Tube.
Press contacts
Oragroup - Director of Communication
Delphine Ndiaye
+228 92 52 08 04 / +228 99 86 41 44
delphine.ndiaye@orabank.net
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END
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