Network International Network www.Network.ae , a leading enabler of digital commerce in the Middle East and Africa, has been chosen by Absa Business Banking, one of Africas leading business banks, as its digital payments technology partner.
Network will provide Absa Business Banking with end-to-end payment processing capabilities through a single payments platform and fully outsourced managed services model.
The uptake of Payments as a Service PaaS is fuelled by Africas growing cloud adoption, which can be likened to the continents rapid growth in smartphone ownership. According to analysts, cloud adoption in Africa is accelerating rapidly, nearing levels seen in North America and China.
