Network International, an enabler of digital commerce across the Middle East and Africa (MEA) region, says it has renewed its partnership with one of Nigeria’s largest financial service providers, Polaris Bank Limited, to deepen financial inclusion and digital transformation.
The two companies say that the partnership is anchored on the provision of payments processing solutions and API gateway services. This supports the bank’s goal of offering self-service/digital channels that bring banking services closer to its current customers and prospects.
The collaboration with Network enables Polaris Bank to provide low-cost digital solutions on a secured platform, making customer acquisition and digital onboarding seamless.
The strategic partnership agreement covers multiple product lines that will have a major impact on business generated by cards and other modes of digital payment, while also enabling financial inclusion and allowing the Bank to offer premium payment solutions to its customers.
Network says Polaris Bank will benefit from its years of experience and expertise in comprehensive payment solutions for the African market, empowering the bank with a future-ready micro-services architecture that allows for seamless integration to any number of advanced implementations, ensuring the maximum potential for creative revenue streams for the next decade.
Polaris Bank Limited is a Nigerian Private Limited Liability Company wholly owned by Strategic Capital Investment Limited (SCIL). It has a footprint of over 224 branches and cash centres across Nigeria and a robust digital banking platform powered by its VULTe digital solutions.