RAKBANK and Network International team up to boost UAE digital payments

RAKBANK and Network International have finalised a merchant acquiring partnership in the UAE. The deal, approved by the Central Bank of the UAE, aims to strengthen digital payment services for businesses across the country. Both companies will now work together to offer modern payment tools in a rapidly evolving market. The partnership brings together RAKBANK’s banking expertise and Network International’s payment technology. Their combined solutions will focus on improving payment processing speeds and shortening settlement times for merchants.

Businesses of all sizes, from SMEs to large enterprises, will gain access to advanced digital payment options. These include contactless transactions, e-commerce integrations, and digital wallet support—all part of the UAE’s growing shift toward cashless payments. Network International will roll out its payment infrastructure across RAKBANK’s merchant network. The upgrade is designed to provide greater stability and scalability, helping SMEs expand smoothly as demand increases. The agreement also expands Network International’s footprint in Ras Al Khaimah, a region seeing a surge in commercial activity and investment. RAKBANK’s goal is to better serve merchants adapting to a digital-first economy, ensuring they stay competitive in an evolving marketplace.

The collaboration will introduce future-ready payment solutions tailored to the UAE’s business needs. Merchants will benefit from faster, more reliable transactions as digital payments continue to grow. The partnership marks a step toward a more efficient and scalable payment ecosystem in the region.