Network International, the leading payment solutions provider in the Middle East, has partnered with Nexxus Payment Group, an international payment platform and Aramex to create NexxusPay, an end-to-end e-commerce solution for small and medium enterprises (SMEs) in the UAE.
NexxusPay is a customised and cost-effective one-stop platform for small businesses looking to venture into e-commerce. The solution comprises an online store and payment facility in a customer friendly interface, with a built-in logistics and transportation solution by Aramex.
Speaking about the new solution, Bhairav Trivedi, Chief Executive Officer, Network International, stated, “NexxusPay is a collaborative effort with like-minded partners to support small business owners in the UAE. We believe that offering these businesses cost efficient access to create an online presence will boost their reach and profitability, in addition to creating momentum in the UAE’s nascent e-commerce industry.”
NexxusPay can be integrated within the SME’s facebook or instagram page providing an all-in-one interface that allows customers to make purchases online through a safe, secure payment gateway and receive invoices via email or SMS. The application significantly reduces set up time and cost, offering small business owners the flexibility to set up an e-store or sell via existing social media pages without the cost of additional collateral.
Commenting on this initiative, Nebil Ben Aissa, CEO and Founder of NexxusPay said, “UAE SME owners face so much hardship operating and growing their business, and often do not have the time, resources, technology, expertise or funding to build an e-commerce solution on their own. The NexxusPay Platform in partnership with Network International and Aramex, enables SMEs to establish a professional low cost e-commerce presence to drive incremental sales.”
Hussein Wehbe, UAE Country Manager at Aramex said: “Aramex has a long history of supporting SMEs and we recognise the potential of e-commerce in the region. Through our continual work with SMEs we know that access to customized solutions and logistical services are particularly important to drive development and growth. E-commerce in the UAE has huge potential for growth and our collaboration will offer SMEs an opportunity to further grow their business and also tap into new markets quickly and efficiently.”
Network International, in partnership with Nexxus, plans to roll out NexxusPay to its existing merchants in addition to other SMEs in the UAE looking to expand online. The company expects NexxusPay to catalyse the UAE’s burgeoning e-commerce sector, which is currently witnessing growth at a rate of over 20 percent annually. The United Arab Emirates is currently the largest e-commerce market in the Middle East.