In a move poised to revolutionize the fintech payroll landscape in the UAE, KamelPay, one of the fastest-growing providers of fintech payroll services in the region, has inked an exclusive five-year processor agreement with Network International (Network), a leading enabler of digital commerce across the Middle East and Africa (MEA) region.

This landmark agreement signals a pivotal milestone in KamelPay’s trajectory, set to potentially expand its presence in payroll, commercial, and credit card segments in the UAE. With projections envisioning growth by over 200,000 cards in 2024, KamelPay is poised for substantial expansion and impact within the financial ecosystem.

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. Together, we’re advancing financial inclusion, driving innovation, and fostering a secure and efficient payment landscape, thereby propelling our nation towards a digitally empowered future.”

Ehsan Rahman, Co-Founder & CEO of KamelPay, added, “This strategic alliance with Network International amplifies KamelPay’s commitment to innovation and customer-centric solutions. With a focus on financial empowerment, we’re set to introduce cutting-edge services that cater to the diverse needs of individuals and businesses, driving progress and inclusion. With Network’s expertise, we’re set to expand our reach and impact across the MEA region.”

Nandan Mer, Group CEO of Network International, said, “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 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.”

Navneet Dave, Managing Director & Co-Head of Processing – Middle East at Network International, said, “We are delighted to be the partner of choice for KamelPay to accelerate the expansion of payroll cards in the UAE. We look forward to supporting their processing needs and introducing innovative payment services that would advance financial inclusion. Serving more than 200 financial institutions, the Network’s impressive technological standing will enable KamelPay to enter new markets in the future.”

Somu Roy, Managing Director and Country Head UAE, Group Processing at Network International, remarked, “We are thrilled to support KamelPay to expand their footprint in the region, while financially empowering individuals and businesses. Our innovative solutions have contributed to the creation of an entire ecosystem for card processing that is seamless and easily integrated with partner infrastructures.”

Network International, with its robust digital payments infrastructure and extensive network spanning more than 50 countries, has been instrumental in driving digital payment acceptance and broader financial inclusion in Africa and the Middle East.

The exclusive partnership between KamelPay and Network International underscores a shared commitment to driving innovation, fostering financial inclusion, and propelling the UAE towards a digitally empowered future.