Network International, the leading repayment remedies provider in the Middle East and Africa region, has partnered with Alipay, one of the world's largest online and mobile settlement platforms, to offer smooth settlement solutions to Chinese shoppers in the UAE.
Network International will certainly work as both settlement partner (merchant acquirer)and option service provider for mobile-based purchases via Alipay at points of sale and for on-line acquisitions. Alipay will certainly soon be available on Network International's brand-new N-Genius ™ settlement platform that is aimed at changing the means businesses handle and accept repayments. N-Genius could facilitate multiple repayment approaches on just one device, so there is no demand for sellers to invest in a different maker to approve Alipay.
Alipay's presence in UAE coincides with the growing influence of digital-savvy Chinese consumers on the nation's retail and tourism markets. Dubai is amongst one of the most favoured destinations for Chinese travellers and the accessibility of preferred mobile payment options such as Alipay is set to be a big draw for Chinese buyers.
During Chinese President Xi Jinping's recent three-day browse through to the UAE this month, the UAE leadership acknowledged the need to additionally enhance trade and financial assimilation between both nations. The partnership between Alipay and Network International enhances the UAE's dedication to expand its support to Chinese site visitors and those functioning and doing business in the Emirates.
“As mobile payment methods gain popularity in the UAE, we are delighted to support Alipay, the preferred payment method for over 520 million Chinese shoppers,” said Paul Clarke, Group Head of Product & Innovation, Network International. “Developing the nation’s payment ecosystem is among the main pillars of our commitment to enable commerce in the UAE and we look forward to supporting our merchant partners and Chinese consumers as they transact via Alipay.”
Today's news is aligned with Network International's goal to allow commerce in the region by introducing innovative settlement modern technologies and services for simpler, safer and secure settlement deals.