United Arab Emirates: United Arab Bank, one of the well-established local banks in the UAE, announced the renewal of its credit card processing agreement with Network . International , the leading company in enabling digital commerce in the Middle East and Africa, and expanding the scope of the partnership to include processing direct debit cards within the “ Network One” platform.

 “The renewal of the agreement provides the opportunity for United Arab Bank to provide its customers with a central solution that is flexible, effective, and scalable for card processing.

On this occasion, Shreesh Beydi , CEO of United Arab Bank , said : “Our long-term partnership with Network International has contributed to the positive growth of United Arab Bank over the past years. The new agreement comes to enhance this momentum, by combining the capabilities of Network International ‘In card processing and the long banking experience that United Arab Bank enjoys, which allows us to provide the best banking services to our customers.’

For his part, Emre Yalkin, Head of Retail Banking at United Arab Bank, said: “Our continued cooperation with ‘Network International’ reflects our commitment to adopting the latest technologies in all our services and solutions. By taking advantage of ‘Network International’ technology, we aim to enhance our customers’ experiences and raise Operational efficiency. I am confident that renewing our partnership will play a pivotal role in United Arab Bank’s journey to provide the best solutions to our customers during the era of digital transformation.”

In turn, Nandan Mir, CEO of Network International Group , said: “Network International and United Arab Bank have a long and extended partnership dating back to 1995. We are pleased to support the bank’s growth strategy by strengthening our existing relationship. As a leading digital payments company serving… With more than 200 financial institutions and 120,000 merchants, we are confident that strengthening cooperation through this new measure will enable United Arab Bank to deliver tremendous value to its card customers.”