Citi has formed a referral agreement with Dubai-based Network International to provide the bank’s corporate clients with omnichannel payment services across the Middle East and Africa.
Network International operates in more than 50 countries within the region, having processed over $59 billion in payment volumes last year for more than 130,000 merchants, including over 1.6 billion transactions for more than 250 financial institutions.
Through this referral arrangement, Citi will deliver payment management solutions to its corporate clients, focusing on improved transaction efficiency, enhanced security, and seamless integration capabilities.
Vivek Vaidyanathan, head of Middle East and Pakistan at Citi Treasury & Trade Solutions, stated, “By collaborating with a leading regional player such as Network International, we are able to offer seamless, market-relevant payment experiences, thereby helping businesses to optimize their marketplace payments, business-to-business, and direct-to-consumer transaction flows.”