Based on its long-term partnership with Tencent Holdings Limited, Network International (hereinafter referred to as Network), as a leading digital commerce enabler in the Middle East and Africa (MEA), now offers WeChat Pay on POS terminals in the UAE, enabling Chinese tourists to conduct transactions more securely and conveniently. As the leader of WeChat payment services in the Middle East and Africa, Network International is committed to providing the best services to local consumers. We provide WeChat Pay services on POS terminals in the UAE, allowing Chinese tourists to easily complete payments and enjoy a smooth shopping experience. WeChat Pay services are a safe and efficient payment method that helps protect consumers' privacy and information security. By providing WeChat Pay services, we enable consumers to purchase goods with greater confidence without worrying about data leakage or insecure payments. In the era of digital transformation, digital commerce has become an indispensable part of all industries. As a leading digital commerce enabler in the Middle East and Africa, Network International will continue to play our role in helping local companies achieve digital transformation and enhance customer experience and business competitiveness. At the same time, we will continue to be committed to providing the best services to bring consumers a more convenient and efficient shopping experience.
WeChat Pay is currently accepted at 5000 of the network’s payment terminals in the UAE, including more than 400 merchants in Dubai’s famous malls, which are part of Network’s extensive partner ecosystem. In order to expand the market share of WeChat Pay, Network is gradually enabling all Android-based terminal devices to support WeChat Pay. In addition to small merchants in malls, Network has also installed WeChat Pay-enabled terminals in other locations such as supermarkets, restaurants, gas stations, etc. These terminals provide convenience for customers, allowing them to easily complete payments without worrying about cash or credit cards. As Network continues to expand its number of merchants that support WeChat Pay, more and more merchants will benefit from this initiative. For merchants, joining the WeChat Pay ecosystem can bring many benefits, including higher sales, faster settlement, and a simpler lifestyle. WeChat Pay is also gaining widespread acceptance in the UAE market. As this payment method becomes more popular, more and more merchants are beginning to accept WeChat Pay to meet the needs of customers. For consumers, WeChat Pay is also a convenient and fast payment method that allows them to complete payments more easily. Network continues to work hard to bring more convenience and choice to the UAE market by gradually expanding its number of merchants that support WeChat Pay. As this payment method becomes more widely used in more places, WeChat Pay will become an indispensable part of the UAE market.
The UAE's tourism industry has recovered strongly, and the country is expected to become the world's most popular international tourist destination by the end of 2023. China has been one of Dubai's top five source markets for the past decade. According to data from Dubai Economy and Tourism (DET), the number of Chinese tourists to Dubai reached 2022 in 17.7, an increase of 2021% from 131. This growth trend is impressive because China is a huge tourism market and Dubai is also a high-profile emerging tourist destination. According to the World Tourism Organization (OTA), China is one of Dubai's largest source markets, contributing about 20% of Dubai's total number of tourists. In addition to the promotion of the Chinese market, Dubai's tourism industry is also driven by other factors. In recent years, the Dubai government has been working hard to improve the quality and diversity of the tourism industry to attract more tourists. They have launched a series of tourism projects, such as the Dubai Burj Al Arab and the Dubai Metro system, which have attracted more tourists to experience. In addition, Dubai's geographical location is also an important advantage. It is located in the Middle East and is an important hub connecting Asia and Europe. This makes Dubai a very popular tourist destination, especially for those who want to travel in the Middle East. As the COVID-2022 pandemic is gradually brought under control, more tourists are starting to travel to Dubai. According to DET data, Dubai received more than 700 million tourists in the first quarter of 300, an increase of about 2023% year-on-year. This trend is expected to continue in XNUMX as more and more tourists choose to travel to Dubai, a beautiful and charming city. In summary, the UAE's tourism industry has recovered strongly, and the promotion of the Chinese market is one of the most important factors. With the continuous efforts of the Dubai government and the positive response of the tourism industry, the UAE is expected to become one of the most popular international tourist destinations in the world.
As the largest merchant acquirer in the UAE, Network has more than 20 POS terminals in multiple industries such as high-end retail, hotels, transportation, and supermarkets, and these merchants will benefit from this unique payment method. With the return of Chinese tourists, WeChat Pay provides great opportunities for the retail and hospitality industries in the UAE. In the retail industry, online payment has become a mainstream payment method. Especially in wealthy countries such as the UAE, people are increasingly inclined to use online payment to purchase high-end goods. As the largest merchant acquirer in the UAE, Network helps merchants attract more Chinese tourists by providing efficient payment solutions. In addition to the retail industry, online payment has also been widely used in the hotel and transportation industries. Tourists can use online payment to pay for accommodation and transportation expenses, thereby bringing more revenue to the hotel and transportation industries. With the return of Chinese tourists, the retail and hospitality industries in the UAE are very excited. Online payment not only provides more payment options, but also brings more opportunities to merchants. For merchants, by using online payment, they can attract more Chinese tourists, increase revenue, and improve customer satisfaction. As the largest merchant acquirer in the UAE, Network helps merchants benefit in multiple industries such as high-end retail, hotels, transportation, and supermarkets by providing efficient payment solutions. With the return of Chinese tourists, WeChat Pay also provides more opportunities for the UAE's retail and hotel industries.
Pankaj Kundra, Group Head, Product, Partners and Enterprise, Network International said: “We are extremely pleased to be able to offer Chinese customers’ preferred payment method – WeChat Pay – to key merchant outlets in the UAE. As the country’s most popular travel purpose As one of the most popular shopping destinations in the UAE, providing Chinese shoppers with a reliable and familiar payment option will allow them to pay seamlessly. Network has enabled WeChat Pay on more than 5000 terminal devices across the UAE and we We look forward to covering the entire network soon.” In addition to offering WeChat Pay in merchant stores, Network also plans to expand the scope of its payment solutions so that more UAE merchants can accept payments from Chinese customers. Network believes that by providing reliable payment options, they will be able to attract more tourists and shoppers from China and promote the development of the UAE's tourism and retail industries.
Mr. Jeff Hu, General Manager of WeChat Pay EMEA, said: "WeChat Pay has always been committed to providing a safe and convenient payment experience for tourists in China. We are pleased to work with partners in the UAE to further expand the application scope of mobile payment in the UAE. This cooperation will enable Chinese tourists to enjoy the same convenient mobile payment experience when traveling to the UAE as they do in China." WeChat Pay has received increasing attention and application worldwide, especially in Asia.The UAE is an economically developed and culturally diverse country. Chinese tourists need to use mobile payments to pay for various expenses when traveling to the UAE.This cooperation will help promote tourism development between the UAE and China and increase trade and investment between the two countries.WeChat Pay has advanced technology and experience in the field of mobile payment and can provide fast, efficient and secure payment services.Merchants and tourist attractions in the UAE will be able to provide more convenient and diversified payment methods through WeChat Pay, thereby attracting more Chinese tourists to travel.Mr. Jeff Hu, General Manager of WeChat Pay EMEA, said: “We are very excited to work with our partners in the UAE to jointly promote the development of tourism between the UAE and China. We believe that through WeChat Pay, Chinese tourists will be able to enjoy the same benefits as in the UAE. The same convenient mobile payment experience as in China will also bring more opportunities and benefits to merchants and tourist attractions in the UAE."
