Network International and Orabank renew processing agreement
Network International, the leading enabler of digital commerce across Africa and the Middle East, has strengthened its long-standing agreement with Togo-headquartered Orabank, one of the leading banks in West and Central Africa.
The company’s relationship with Orabank began in 2013 when the bank took the strategic decision to outsource its issuer processing business to Network International. Network currently offers the bank a full suite of payment processing and acquirer processing solutions in 12 countries across Africa.
Strengthening their ongoing relationship, Orabank has signed Network International as a key partner for an additional seven year period as it embarks on an ambitious programme to lead digital banking innovation in West and Central Africa. Network International’s managed services digital banking solution will enable the bank to offer customers frictionless, 24/7 banking solutions via a best-in-class digital omni-channel platform.
Network International has been at the forefront of driving digital payments acceptance in Africa, offering end-to-end payment solutions to a growing customer base in more than 40 countries.
Simon Haslam, CEO of Network International, said, “We are pleased to expand our relationship with Orabank, one of our anchor clients in Africa, as we continue to support their growth and ambitions in the region. Network shares Orabank’s commitment to powering digital commerce and financial inclusion across Africa and we are excited for what the future holds for both of us in this dynamic market. With attractive demographics and a growing addressable market for digital payments, Africa is a key growth accelerator for Network and we look forward to continuing to support like-minded banks and merchants seeking new ways to serve their customers.”
Ferdinand NGON KEMOUM, CEO of Oragroup SA, said, “This mutually beneficial partnership will continue with more successful years ahead, in the framework of a rather rapidly growing market. Our clients demand convenient, affordable and secure payments tools and Network International enable us to offer them services covering debit and prepaid cards issuing, ATM, point of sale and e-commerce acquiring all with a new digital experience with our omnichannel KEAZ platform.”
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