Network International has partnered with MBank to integrate AE Coin, a Central Bank of the UAE–licensed stablecoin, enabling merchants across the country to accept regulated digital currency payments in UAE dirhams. This collaboration marks a significant step forward in expanding secure, next-generation payment solutions across point-of-sale (POS) terminals and e-commerce platforms.
AE Coin is a fully regulated AED-backed stablecoin, designed to combine the stability of the national currency with the efficiency of digital transactions. By integrating AE Coin into Network International’s extensive payment infrastructure, merchants can seamlessly accept stablecoin payments without disrupting existing operations. This integration ensures that businesses benefit from faster settlements, reduced transaction costs, and enhanced transparency, while maintaining full compliance with UAE regulatory standards.
For merchants, the partnership offers a future-ready payment option that meets the evolving preferences of consumers and businesses. Accepting AE Coin across physical and online channels allows retailers, service providers, and e-commerce platforms to cater to digitally savvy customers who seek secure and innovative payment methods. The regulated nature of AE Coin also provides confidence to merchants, as transactions are supported by a trusted framework overseen by the Central Bank.
From a consumer perspective, AE Coin payments deliver convenience, security, and reliability. Users can transact in a digital format while retaining the value stability of the UAE dirham. This bridges the gap between traditional payments and emerging digital assets, making stablecoins more accessible for everyday transactions.
The collaboration aligns closely with the UAE’s broader vision to build a diversified, digital-first economy. By promoting regulated digital currencies, the partnership supports financial innovation while safeguarding monetary stability and consumer protection. It also strengthens the UAE’s position as a regional leader in fintech and digital payments.
Network International’s established merchant network and MBank’s digital banking capabilities together create a powerful ecosystem for scaling AE Coin adoption. This initiative not only enhances payment choice but also accelerates the shift toward cashless and efficient payment environments.
Overall, the integration of AE Coin into POS and e-commerce platforms represents a milestone in the UAE’s digital payments journey. It demonstrates how regulated innovation can expand financial inclusion, enhance transaction efficiency, and support the country’s ambition to lead in next-generation financial services.
