Mastercard has collaborated with ABHI, an embedded finance platform backed by Hub71, to strengthen the financial payments landscape across the UAE.
Through this collaboration, ABHI will offer its users access to the Mastercard-powered Salary Advance Cards, thereby enhancing the accessibility of international and domestic online payments for ABHI’s Earned Wage Access (EWA) users.
By leveraging Mastercard’s technology and solutions, ABHI will enrich its suite of products and services to ensure safe and quick transactions for its users. As Mastercard and ABHI unite to advance financial wellness across the region, this partnership signifies a leap toward fostering a secure digital economy.
This collaboration marks a milestone in modernizing the payment infrastructure and emphasizes a shared commitment to empowering individuals and driving positive change in the financial landscape of the UAE and beyond.
Omair Ansari, Co-Founder and CEO of ABHI, said that, “Our partnership introduces Salary Cards powered by Mastercard’s technology that enables our users to make local and international payments, ushering in a new era of seamless transactions for working individuals. This collaboration fosters financial wellness and ignites transformative change, propelling us toward a brighter, more inclusive financial future for all.”
“Mastercard is committed to leveraging cutting-edge technologies to develop new payment solutions that offer unprecedented convenience and security, to enhance consumer experience and drive financial inclusion. With innovation and efficiency at its heart, our latest partnership with ABHI connects the fintech pioneer’s customers to our extensive global payments network, providing them with a whole new level of flexibility,” commented Gina Petersen-Skyrme, VP and Country Business Development Lead, UAE and Oman at Mastercard.
