Network International Global Services sets up a captive center in India

Network International Global Services , the payment solutions provider in the Middle East, has announced the opening of its ‘Testing Centre of Excellence’ in Bengaluru. This makes it one of the first companies from the Middle East to set up a captive center in India. The entity will complement Network International’s relentless focus on innovation and its strategy to continuously explore new geographies.

The company will serve as a technology center and will be key to both talent uplift as well as productivity and economic enhancements for the company. Network International Global Services has a geographical footprint in 41 countries and the Bengaluru facility will leverage the expertise of India’s world-class technology professionals.

The company’s focus is on creating value for clients and partners through its comprehensive and cost-effective turnkey solutions, leveraging state-of-the-art technology and genuine commitment to service excellence. This, combined with a wealth of knowledge and expertise, as well as an evolving suite of products and services, means that Network International can offer clients unparalleled opportunities for growth. Network is a Payment Card Industry Data Security Standard (PCI DSS) certified company, and all the products are fully EMV compliant.

Network International is a Principal Member of Visa and MasterCard in the UAE and enjoys extension of its MasterCard membership in other key countries. In 2013, the company launched an EMV-compliant domestic scheme, Mercury, and partnered with Discover Financial Services (DFS) to allow global acceptance of Mercury cards on the Discover, Diners Club International, PULSE networks and their partners. It is also a major player in the international remittance industry and own a majority stake in TimesofMoney Ltd., a global online remittance and digital payments company facilitating cross-border remittances and domestic payments in emerging economies.

Network International in Numbers

• 3 regional data centers and client operations in over 41 countries
• 550 million transactions processed in 2014 amounting to AED 83 billion (USD 22.6 billion) in acquiring volume
• Over 3.1 million credit cards and 1.8 million debit/prepaid cards hosted
• More than 60,000 Point of Sale (POS) devices deployed in the UAE
• 10 million remittance transactions processed amounting to USD 15 billion in value