UAE’s Network International has partnered with Citi to advance the payment experiences of the bank’s corporate clients by leveraging the payments firm’s comprehensive omnichannel payment solutions.
Citi, through this referral arrangement, will be able to offer its corporate clients superior payment management solutions, including enhanced transaction efficiency, increased security, and seamless payment integration capabilities.
The partnership is expected to support the bank’s corporate clients in digitising and streamlining their payment processes.
The collaboration strengthens the Network’s position as a preferred partner for payment solutions among UAE financial institutions and expands its market presence.
“The collaboration underscores Citi’s confidence in our payment platform, which offers a wide variety of payment methods and the highest levels of security and convenience,” said Jamal Al Nassai, Group Managing Director of Merchant Services at Network International.
“We are confident that this referral arrangement will enable Citi to provide more comprehensive corporate banking services to their valued clients while strengthening Network’s leadership in the digital payments landscape in the MEA region.”
Citi Treasury and Trade Solutions (TTS), a division of Citi Services, partners with approximately 1,100 leading multinational corporations operating in the Middle East. Similarly, TTS serves over 400 emerging market companies headquartered in the region with global or multi-country ambitions.
“We are pleased to announce this new referral arrangement with Network International, reinforcing our commitment to investing in our capabilities in the UAE and the region. As clients’ business models evolve and the need for digital collections solutions becomes increasingly important, this collaboration aligns perfectly with our strategy to provide innovative solutions to our clients,” said Vivek Vaidyanathan, Citi Treasury & Trade Solutions Head for the Middle East & Pakistan.
TTS offers cutting-edge payment solutions, including 24/7 US dollar clearing for financial institutions, the Citi Global Beneficiary Services Payment Tracker, and Spring by Citi, an end-to-end digital payments acceptance solution.
