Home » Earned Wages Access Users in the UAE Can Now Benefit from Mastercard-Powered Salary Advance Cards

Earned Wages Access Users in the UAE Can Now Benefit from Mastercard-Powered Salary Advance Cards

by Dubaiforum

ABHI, an embedded finance platform backed by Hub71, has announced a new partnership with Mastercard to offer its users access to Mastercard’s ‘Salary Advance Cards’. This move is aimed at making international and domestic online payments more accessible for ABHI’s earned wage access (EWA) users. Users can now easily order the new Mastercard-powered card through the ABHI mobile app or 24/7 call center.

By leveraging Mastercard’s technology and solutions, ABHI aims to enhance its suite of products and services to ensure safe and quick transactions for its users. This partnership between Mastercard and ABHI not only advances financial wellness in the region but also signifies a step towards fostering a secure digital economy.

Gina Petersen-Skyrme, VP and country business development lead, UAE & Oman at Mastercard, expressed the company’s commitment to providing cutting-edge payment solutions that offer convenience and security to enhance consumer experience and drive financial inclusion. The partnership with ABHI connects the fintech pioneer’s customers to Mastercard’s global payments network, providing them with a new level of flexibility.

Omair Ansari, co-founder, and CEO of ABHI, highlighted the partnership’s goal to redefine financial empowerment. The introduction of Salary Cards powered by Mastercard’s technology enables ABHI users to make local and international payments, ushering in a new era of seamless transactions for working individuals. This collaboration aims to foster financial wellness and drive transformative change towards a more inclusive financial future for all.

Since its establishment in 2021, ABHI has made a significant impact in the fintech industry, earning recognition as one of the Future 100 companies in the UAE. It was also the recipient of the Technology Pioneer 2023 Award by the World Economic Forum. ABHI offers a range of products and services, including EWA, payroll solutions, and SME financing.

This new partnership with Mastercard is set to strengthen the digital payment infrastructure, support future transaction expansion, and promote financial inclusivity in the region.

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