UAE - Mubasher: KamelPay, a UAE-based fintech payroll services provider signed an exclusive five-year processor agreement with Network International, a regional enabler of digital commerce across.

The agreement will help KamelPay meet the goal of expanding payroll, commercial and credit card segments in the UAE, which includes adding over 200,000 cards in 2024, according to a press release.

The exclusive partnership will facilitate digital payments for KamelPay's customers through the Network’s cutting-edge platform and deep payments expertise, enabling seamless end-to-end processing capabilities incorporating robust fraud detection and other preventive measures.

Hussain Al Qemzi, Chairman of KamelPay, said: “Our partnership with Network International not only aligns with the UAE Government's strategic vision for a cashless society by 2030 but also presents significant benefits for banks and corporations.”

“Our focus is to address financial exclusion while ensuring access to the financial ecosystem for all stakeholders. KamelPay, deeply integrated within the UAE, serves numerous banks and corporations, offering new opportunities, streamlined processes, efficiency gains, and enhanced service offerings,” Al Qemzi added.

Nandan Mer, Group CEO of Network International, stated: “We are thrilled to join hands with KamelPay as we jointly strive to offer innovative solutions to expand payroll processing capabilities.”

"Our collaboration builds on the Network’s 30 years of experience and expertise in creating world-class digital payments infrastructure and services for clients in the region. Network has diligently cultivated long-standing and reliable business relationships with a multitude of merchants, financial institutions, and payment networks across the Middle East and Africa,” Mer added.