Following an agreement between Network International, the leading enabler of digital commerce throughout the Middle East and Africa (MEA) region and Tencent Holdings Limited, official developer of WeChat Pay, the mobile payment service will soon be extensively available to Network’s merchant partners throughout the UAE.
WeChat Pay is a mobile payment service embedded in WeChat, the famous Chinese social messaging service that boasts more than 1 billion users registered globally. The collaboration will allow millions of Chinese travelers to transact seamlessly, safely and securely with Network International’s huge merchant network in UAE through their WeChat mobile wallet.
“We are excited to work with Tencent Holdings to provide WeChat Pay to our consumers throughout the UAE. Our agreement brings an excellent chance to the UAE’s retail and hospitality sectors, helping them cater to the growing demand from Chinese visitors,” stated Paul Clarke, Group Head of Product & Innovation, Network International. “As a market leader in end-to-end payment solutions, we are delighted to enable our network of merchant partners in the UAE to maintain pace with new technologies, providing them a competitive edge.”
Network International, the UAE’s biggest merchant acquirer, is committed to technology innovation and partnerships aimed at improving the UAE’s retail economy. The company will act as both settlement partner (acquirer) and solution provider to enable mobile-based transactions via WeChat Pay at points of sale and for online purchases.