MTN Group Fintech Partners with Network International to Expand Digital Payment Solutions in Africa

MTN Group Fintech, Africa’s leading mobile financial services provider, has announced a strategic partnership with Network International, a leading enabler of digital commerce across the Middle East and Africa (MEA). The agreement appoints Network International as MTN Fintech’s Payment Processor – Issuing Partner, enhancing the company’s mobile financial services and expanding access to digital payments across the continent.

This collaboration signifies a major step toward strengthening Africa’s digital financial ecosystem, reinforcing MTN’s mission to broaden financial inclusion and provide innovative payment solutions for millions of users.

Strengthening MTN Fintech’s Digital Payment Infrastructure

Under the agreement, Network International will facilitate card issuance services across key MTN Fintech markets, starting with Rwanda, which is already operational. The rollout will extend to Uganda, Ivory Coast, and Nigeria, with further expansion expected across additional MTN territories.

By leveraging Network International’s extensive expertise in payment processing, card management, and fraud prevention, MTN Fintech aims to streamline its digital payments infrastructure and deliver secure, efficient, and scalable payment solutions for users across Africa.

With over 288 million customers across 14 African markets, MTN Group Fintech plays a pivotal role in the continent’s financial transformation. This partnership with Network International aligns with MTN’s broader strategy to bridge the financial inclusion gap, offering users seamless access to both traditional and digital banking solutions.

The Impact of Network International’s Payment Expertise

Network International has established itself as a key player in Africa’s digital payments industry, working with over 250 financial institutions across 50 countries. Its partnership with MTN Fintech expands its footprint in the mobile financial services sector, reinforcing its commitment to enhancing digital commerce solutions across the continent.

Through this collaboration, MTN Fintech users will benefit from:

• Seamless digital payment experiences integrating mobile money with card-based transactions.
• Enhanced security features powered by Network International’s fraud prevention tools.
• Expanded financial access, enabling customers to engage in the global economy through Mastercard-backed digital services.

Dr. Reda Helal, Group Managing Director – Processing, Africa and Co-Head Group Processing at Network International, emphasized the importance of this partnership, stating:

“Our collaboration with MTN Group Fintech marks a major milestone for our outsourced payments services in Africa. It demonstrates our ability to successfully serve Mobile Network Operators (MNOs) via our fully-fledged processing solutions and our continued dedication and commitment to the African region.”

Driving Financial Inclusion Through Strategic Digital Expansion

MTN Fintech’s partnership with Network International builds on its broader efforts to expand financial inclusion through digital transformation. With Africa’s mobile money market growing rapidly, this collaboration ensures that more individuals and businesses can access secure, fast, and efficient financial services.

Cedric N’guessan, Executive for Payment and E-commerce at MTN Group Fintech, highlighted the significance of the partnership:

“This collaboration with Network International is pivotal in enhancing financial inclusion across Africa and beyond. It enables our customers to actively engage in the global economy, aligning perfectly with our strategic goals alongside Mastercard to broaden access to digital financial services across the continent.”

By leveraging card issuance, transaction processing, and advanced digital payment solutions, MTN Fintech continues to position itself as a leader in Africa’s financial technology landscape. The partnership further cements the company’s vision of delivering convenient, accessible, and innovative financial services to millions across the continent.

The Future of Digital Payments in Africa

As mobile financial services reshape Africa’s economic landscape, partnerships like this play a crucial role in bridging the gap between traditional banking and digital finance. By integrating cutting-edge payment technologies, MTN Fintech and Network International are paving the way for a more inclusive and digitized financial ecosystem.