Mir Payment System signs agreement with Network International

Mir Payment System signs agreement with Network International

Dubai, UAE 02 March 2021: Russia's Mir Payment System and Network International, the leading enabler of digital commerce in the Middle East and Africa (MEA) region, have signed an exclusive agreement on Mir card payments acceptance across the United Arab Emirates (UAE).

Following the recent successful completion of the first Mir card transaction at a merchant establishment in the UAE, Network International will soon connect the POS terminals of its partner merchants nationwide to enable broader Mir card acceptance in the UAE.

Network's collaboration with Mir Payment System marks a milestone for the UAE's retail sector. Seamless payments services will be facilitated for thousands of Russian shoppers by leveraging Network's trusted payment infrastructure and network strength as the UAE's largest merchant acquirer. According to data from Dubai Tourism (DTCM), nearly 728,000 Russians visited the UAE in 2019; Network's data indicates Russian shoppers mainly made payment transactions in the domestic hospitality and travel sectors.

This announcement follows Network's continued strategy to boost digital payment acceptance across the UAE. Since inception, Network has significantly contributed to the development of the national payment ecosystem and support for