This comes in support of the economic stimulus packages announced earlier by the UAE’s leadership and the UAE Central Bank, to help the nation’s businesses through this period of economic uncertainty.
As part of its support, the payments company will contribute nearly EUR 1 million (AED 3.7 million) in cash to 1,000 of its most severely impacted merchant clients operating in the SMEs sector. The contribution aims to alleviate financial pressures among the small businesses that have been affected by the ongoing Covid-19 pandemic.
Network International comprises of a group of companies and is one of the leading enablers of digital commerce across the Middle East and Africa region, providing a full suite of technology-enabled payments solutions to merchants and financial institutions of all types and sizes, including acquiring and processing services.
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