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MENAFN Press - 03/12/2013

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(MENAFN Press) Network International, one of the leading payment solutions providers in the Middle East, announced today that it has signed an agreement with Dubai Trade to provide an online payment solution called 'NI pay online' for its Rosoom platform. Dubai Trade is the premier trade facilitation entity in Dubai, offering integrated electronic services from various trade and logistics service providers under a single window.

With this partnership, Network International and Dubai Trade will further improve customer satisfaction by providing a speedy, secure and efficient payment processing solution. The partnership will also enable Network International to facilitate the growth of electronic commerce by increasing card acceptance and encouraging greater use of card payments.

"Businesses today are on the lookout for technology-focussed solutions that will enable them to operate faster, smarter and more efficiently in the online commerce arena," said Bhairav Trivedi, Chief Executive Officer, Network International. "As the leading infrastructure provider for the payment space, Network International is committed to enabling the growth of e-commerce in the country, and is honoured to partner with Dubai Trade to provide them with a speedy and secure payment processing solution."

Eng. Mahmood Al Bastaki, Dubai Trade CEO, said: "We're proud to have Network International as our genuine payment partner. This partnership comes through discussion of policies and growth plans as well as provision of secure and scalable solutions to the users of Dubai Trade e-Services. Signing with Network International, one of the leading payment solutions providers in the Middle East, will strengthen the objectives of both entities toward Dubai's economic development."

Eng. Al Bastaki expressed his appreciation to the entire team for being proactive and added that "at Dubai Trade we take a holistic view of the entire gamut of operations, using technology and systems to streamline imports, exports and re-exports. Dubai stands at the cross roads of the trade routes bridging East and West and is a major trading hub. To continue the easy facilitations of trade in an efficient, highly streamlined, trustworthy, professional and business-savvy manner is the goal of Dubai Trade."

The Dubai Trade Portal offers a single window to the online services of its stakeholders designed around customer needs and targeted at customer satisfaction. The portal services are on a continuing growth curve, and currently include services for Traders, Shipping Lines and Agents, Clearing and Forwarding Agents, Hauliers, and Free Zone Licensees, that include Marine services, Manifest and Cargo handling services, Cargo Clearance and Haulage services, Invoicing and Payment services and Free Zone services.

About Network International
Established in 1994, Network International LLC is the largest acquirer, and one of the leading payment solutions providers in the Middle East, geared to meet the needs of banks, financial institutions and large and individual retailers. It is a Principal Member of Visa International and MasterCard International for the UAE, offering customers the most comprehensive range of payment products and services for both the Issuing and Acquiring segment of the card payment industry. Offerings include credit and debit card processing services, ATM management and monitoring, merchant acquiring plus consumer finance applications. Network International provides consultancy services ranging from planning and designing, to developing of new card and consumer finance products and services. Network International is the first independent vendor certified by both Visa & MasterCard for card payments in the Middle East. It is the UAE's largest payment acquirer for Credit & Debit Cards and the largest third-party processing vendor offering complete EMV certified solutions as institutions migrate to EMV Smart Card technology


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