Get to know WeNet

Effective governance...participatory decisions

WeNet, the Yemeni National Payments Division, is considered one of the vital institutions that contribute effectively to developing the infrastructure for electronic financial services and digital transformation in Yemen. Its commitment to standards of governance, compliance, and social responsibility reflects its comprehensive vision to enhance confidence in the banking, financial, and technological system in the country, and its close connection to achieving the aspirations of the end consumer (individuals and entities). WeNet follows an effective governance system that ensures transparency, accountability, and everyone’s participation, as it includes defining roles and responsibilities with a clear institutional organizational structure that helps in effective decision-making, in addition to implementing internal control mechanisms to ensure adherence to policies and procedures. The company also works to adhere to local and international laws and regulations, which enhances Its credibility, through compliance with financial standards such as combating money laundering and terrorist financing, and training employees to adhere to compliance rules and adherence to regulatory systems and policies. With regard to social responsibility, WeNet seeks to promote sustainable development through several initiatives, and encourage innovation in the field of digital financial services to improve the quality of life as an essential catalyst for financial inclusion and facilitate access to financial services for all segments of society. WeNet seeks to be a reliable partner in developing electronic services, by providing a strong infrastructure that enhances the effectiveness of financial transfers and electronic payments, and expanding the scope of services. To reach all segments of society and meet their needs, including individuals, companies, disadvantaged groups, and the less fortunate.

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  Effective governance...participatory decisions
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