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Start your banking journey with the leading bank in the region.
Find a suitable account and applyDiscover the benefits of being our customer by browsing through our banking packages.
Learn more about banking packagesLearn all about how to use your account's features and benefits to the fullest.
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All our cards offer you an exciting range of rewards and benefits.
Find a suitable card and applyGet the most out of your credit card by exploring its different benefits.
Learn all about how to use your card's features and benefits to the fullest.
Visit our dedicated support center for answers to all your banking-related questions.
Here's how to make the most out of your loan with us.
Visit our dedicated support center for answers to all your banking-related questions.
Our various FX products and services help you conduct your international transactions easily.
Our wide range of transfer options make it easier for you to send money locally and internationally.
Learn all about how you can seamless use our services to transfer money.
Our wealth solutions help you manage your financial future better and achieve your financial goals.
Know more about our Wealth servicesLife is uncertain but you can be prepared to face adversity with our wide range of insurance plans.
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Visit our dedicated support center for answers to all your banking-related questions.
Everyday banking is a lot easier with our digital banking platforms and services.
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Visit our dedicated support center for answers to all your banking-related questions.
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Introducing Signature, a programme of distinction reserved for the upper crust of Emirates NBD
Our wealth solutions help you manage your financial future better and achieve your financial goals.
Life is uncertain but you can be prepared to face adversity with our wide range of insurance plans.
Everyday banking is a lot easier with our digital banking platforms and services.
Learn more about our services and get the most out of your banking relationship with us.
We welcome you to a bespoke banking experience tailored to suit your private banking & wealth management needs, should you, your family, or your business have USD 5 Million (or currency equivalent) and above as Assets Under Management with us.
Dubai, UAE, 24 November, 2022: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, has expanded its portfolio in the payments space with the launch of Emirates NBD Pay.
Launched in collaboration with Network International, the leading enabler of digital commerce across the Middle East and Africa (MEA), Emirates NBD Pay will offer card acceptance solutions to the bank’s existing and potential institutional banking clients in the UAE.
Emirates NBD is one of the largest issuing banks in the UAE with one in every four cards issued in the region belonging to the bank. With the growing demand for digital payments in the region, the agreement will support Emirates NBD in providing card acceptance solutions to its existing and potential Institutional Banking clients, whilst reaffirming Network International’s position as the region’s largest end-to-end payment service provider.
Emirates NBD Pay will enable clients to accept card payments across multiple channels including Point of Sale (POS) machines, payment gateway, Pay By Link, unified commerce, soft POS along with unattended kiosks. The bank will also offer value added services including buy-now-pay-later (BNPL), attractive POS lending solutions for Network International merchants, business-to-business payments, and sector specific integrated payment acceptance solutions for select clients, along with additional services such as easy payment plan (EPP) on POS, instant loyalty points redemption and dynamic currency conversion (DCC).
Emirates NBD has a long-standing relationship with Network International. The payments leader provides a range of issuer solutions and value-added services to the bank across the UAE, Kingdom of Saudi Arabia and Egypt. This collaboration represents the first extension of the relationship into the merchant acquiring business. The bank has chosen Network International to leverage their expertise in the cards acceptance industry, built on best-in-class technology and decades-long experience.
Commenting on the announcement, Ahmed Al Qassim, Senior Executive Vice President and Group Head, Corporate and Institutional Banking at Emirates NBD, said: “As a leading bank in the region, we are constantly working towards empowering businesses to succeed in a rapidly evolving digital environment. We are pleased to announce our foray into the merchant acquiring space, further adding to our rich suite of innovative solutions by enabling merchants to enhance their payment acceptance capabilities to meet changing customer expectations. We are confident that our collaboration with a market leader like Network International, holding a solid track record in reliable and secure acquirer processing services, will help us offer our clients a superior value proposition.”
He added, “The UAE payments market is ripe right now and expected to grow rapidly over the next few years, given the strong uptick in digital payment adoption during the pandemic. As a digital-first bank, we see this as a strong market opportunity and look forward to establishing ourselves as a key player, thus complementing our leadership position in the issuing space and supporting the UAE’s vison to become a cashless economy.”
Nandan Mer, Group Chief Executive Officer, Network International, said, “Emirates NBD has been a long-standing and major client and we are delighted to be their partner of choice as they expand their service offering in the payments space. As the preferred partner for more than 200 financial institutions and 150,000 merchants across MEA, we are confident that the bank will benefit from our proven expertise and experience in customised merchant management solutions. As we continue to strengthen our leadership position in the region, we look forward to supporting financial institutions, merchants and consumers when it comes to payments.”
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