Airtel Africa Enhances Payment Processing Capabilities

June 11, 2024
Airtel Africa taps Network International for payments processing

By Aduragbemi Omiyale

To play big in the digital finance landscape and enhance its payment processing capabilities, Airtel Africa Plc has collaborated with a leading enabler of digital commerce in the Middle East and Africa, Network International.

The firm will provide financial services to Airtel Africa customers across 14 countries in Africa through Airtel Money, a subsidiary of the telecommunications firm.

“We are thrilled to partner with Network International to enhance our payment processing capabilities. This collaboration will enable us to deliver a superior customer experience and drive digital financial inclusion across Africa.

“Network International’s proven track record and deep understanding of the African market will allow us to innovate and scale our services more effectively.

“Together, we will empower our users with seamless and secure payment solutions, fostering economic growth and inclusion in the communities we serve,” the chief executive of Airtel Money, Mr Ian Ferrao, stated.

“Our collaboration with Airtel marks a major milestone for our outsourced payment services in Africa. It demonstrates our ability to successfully serve Mobile Network Operators (MNOs) via our fully-fledged processing solutions and our continued dedication and commitment to the African region.

“We are excited to support Airtel’s growth strategy and its business development plans for the entire continent,” the Group Managing Director for Processing in charge of Africa and Co-Head Group Processing at Network International, Mr Reda Helal, also commented.

It was gathered that the partnership is expected to drive Airtel’s continued provision of cutting-edge mobile services across the continent and beyond.

Network International’s expertise spans 50 countries including 40 in Africa, serving over 200 financial institutions, and facilitating more than 1.6 billion transactions.

Its in-depth knowledge of the African market makes it an ideal partner for Airtel Africa. Network International will roll out its services in key Airtel Africa markets, covering card issuance products and providing technical support, including a comprehensive range of services such as transaction processing, card hosting and management, online fraud prevention, internal reconciliation and settlement and online access for Airtel users.

This solution will offer Airtel Africa’s users the convenience and ease of accessing a wide range of both conventional mobile services and new digital payment services all through a smooth and elevated customer experience.

Aduragbemi Omiyale

Aduragbemi Omiyale is a journalist with Business Post Nigeria, who has passion for news writing. In her leisure time, she loves to read.

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