DUBAI: Network International announced on Monday the launch of a packaged card acceptance solution, ‘SME in a Box,’ which enables small and medium enterprises to accept cards as a means of payment.
The start-up kit for the solution will be offered literally in a ‘box,’ containing a merchant application form, a bank account opening form, a configuredpoint of sale (POS) terminal for plug-and-play operations (once approved), branded POS rolls, training manual and e-commerce payment integration to SME website, in addition to addendums for value added services.
“Typically, SMEs have been hesitant to move from cash-only payments because they do not fully recognise that card payment systems are an effective way of cutting down on operating costs and increasing profitability,” said Bhairav Trivedi, CEO, Network International. “As the leading payment solutions provider in the UAE, Network International has the capability to develop custom-designed solutions.”
“The SME in a Box concept has been developed to enable instant card payment acceptance at small and medium businesses and enhance their capabilities to receive cashless payment,” said Paolo Zambonini, Executive Vice President, Products & Marketing, Network International.