Network International signs exclusive processing agreement with KamelPay

• KamelPay envisages the expansion of its payroll program with the new partnership to over 200,000 customers in 2024
• KamelPay will operate as an independent fintech in this exclusive partnership with Network International

UAE, 01 April 2024: KamelPay, one of the fastest growing fintech payroll services providers in the UAE, has engaged Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, in an exclusive five-year processor agreement.

Network International obtains payment licence from Saudi Central Bank (SAMA) to expand merchant acquiring business in KSA

• SAMA licence expands commitment to fostering a dynamic and inclusive payments ecosystem in Saudi Arabia by building long-term, collaborative partnerships with merchants across industries
• Network International is committed to supporting Saudi Arabia’s Vision 2030, Financial Sector Development Program and accelerating digital payments
• The new licence provides a compelling opportunity for Network International to play an integral role in transforming the payments landscape in KSA