This collaboration is centered around customer satisfaction and offers comprehensive solutions for digital wallets
Dubai United Arab Emirates: Voo, a leading provider of software solutions and the provision of financial services to institutions and companies of all types, and the winner of multiple awards for innovation and technology, has announced the signing of a cooperation agreement with Network International, the leading provider of digital commerce in the Middle East and Africa (MEA) region. By combining the unique advantages of each of these two companies in technology and expertise, they will facilitate the transition of today’s financial institutions to a new era of innovation and flexibility, thanks to an unprecedented platform for digital wallets.
The digital wallet platform offers Network International’s customers, i.e. banks and other diversified financial institutions, the ability to adapt more to the market and meet consumer demands through seamless, secure and convenient digital solutions. With an impressive range of customizable and easy-to-integrate modules; Including digital setup, stored value calculations, virtual card issuance and money transfers; A comprehensive platform can be designed to meet unique and specific business requirements.
Foo provides technological advantages to the platform through a series of integrated financial services built with an advanced “plug and play” model. Voo’s ultra-private products are designed to take banking and financial services to the best of the digital world, with a customer-centric strategy and the added benefit of exceptionally fast-to-market.
Network International, which has an unrivaled regional presence and provides services to more than 200 financial institutions, maps the supporting schemes based on its relationships with local banks. With its proven, long-standing and trusted track record with a wide range of leading banks and financial institutions, Network International will put its extensive network and diverse expertise at the service of the digital wallet platform, enhancing the business experience of its customers.
In this context, Mr. Ghadi Al Rayes, Managing Partner of Foo said: “Through this partnership with Network International, we will strengthen our presence throughout the Middle East region and help move into the most diversified markets in Africa. Based on our vision We are committed to to accelerate the adoption of digital solutions focused on customer service and customer satisfaction in the region, and we look forward to achieving more successes.”
On the other hand, Mr. Navneet Dave, Regional Director of Payment Processing Business Unit for the Middle East at Network International said: “Our business strategy is to leverage the power of strategic partnerships that will support our customers in digitizing their payment infrastructure. We are pleased to be We are able to leverage Foo’s unique capabilities in fast, configurable fintech solutions that enrich our offering and accelerate innovation.”
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“Voo” is a software solutions provider providing services to various organizations and companies and winning several awards in innovation and technology. Foo specializes in empowering businesses through digital transformation. Voo offers innovative FinTech solutions, fully programmed and developed in-house, and enhances the digital capabilities of customers across businesses to deliver an outstanding customer experience.
Foo works with banks, fintech companies and major retailers across the Middle East, North Africa, Africa, Europe and the US, including Mastercard, Visa, Benfites, Zain Group, PricewaterhouseCoopers and Majid Al Futtaim. Foo’s innovative software is modular based on micro-digital services that can be assembled to meet the specific requirements of each customer. With this approach, combined with extensive regional experience, Foo was able to quickly and efficiently create niche digital products. Foo’s main products include remittance solutions, digital wallets, token transactions, fully automated microloans and buy now pay later services.
Network International is the leading enabler of digital commerce in the Middle East and Africa (MEA) region, providing a full range of technology-enabled payment solutions to merchants.
and financial institutions of all types and sizes, including procurement and payment processing services and a comprehensive, constantly evolving range of value-added services.
Network International Holdings Plc (LSE: NETW) is the holding company of Network International, including the .DPO Group