Utilising Network International’s acceptance solutions and “decades of expertise” in card processing and value-added services, JP Morgan Payments aims to “expand and complement” its existing payment offerings in the region.
Founded in 1994 and headquartered in Dubai, Network International offers tech-led payment solutions to merchants and financial institutions of all sizes. It claims to serve over 140,000 merchants and 200 financial institution and fintech customers, and manages more than 16 million customer credentials.
In April, Network was in talks about a potential £2 billion takeover with a consortium of investors.
