J.P. Morgan chooses Network International as acquiring partner in the Middle East

By Delisha Fernandes

J.P. Morgan Payments and Network International, a digital commerce company across the Middle East and Africa (MEA) region, have teamed up to strengthen the bank’s acquiring offering.

The partnership Access to Network International’s innovative acceptance solutions and expertise in card processing and value-added services in the region will enable J.P. Morgan Payments to expand and complement its existing payments proposition in the region to its customers.

Abdulaziz Al-Dahmash, Managing Director – KSA, Network International, said, “We are delighted to collaborate with a global leader such as J.P. Morgan Payments and look forward to leveraging our joint capabilities to grow the digital payments ecosystem in the Middle East. Network has long been a trusted partner for leading banks and a strategic partner to help clients operate at scale in the region as we remain committed to introducing innovative payment products and driving financial inclusion.”

J.P. Morgan Payments operates in over 160 countries and over 120 currencies and is one of the leading merchant acquirers globally by volume of transactions.

As one of the leading payments company Network offers a full suite of technology-enabled payment solutions to merchants and financial institutions of all types and sizes. Network has worked closely with governments and financial institutions in the Middle East to promote financial inclusion and to drive digitisation.

Sandeep Dhawan, Product Head for J.P. Morgan Payments, stated, “The Middle East forms a very crucial part of the firm’s Payments growth agenda. It’s an exciting place to be right now with a huge growth opportunity. In this regard, we are investing in the region and are delighted to be partnering with notable regional players such as Network International, to complement our existing capabilities in the region. Underpinning all of this are our efforts to bring the best propositions to our clients through our platforms and those of our partners and network providers.”