Kamel Pay and Mastercard launch new card propositions to drive financial inclusion in the UAE

Kamel Pay and Mastercard launch new card propositions to drive financial inclusion in the UAE

The Centiv Card is a quintessential tool for companies to replace petty-cash reimbursements and make low-value payments to streamline internal processes and focus on their core business activities. The card can be used to avail of government services, pay corporate utility bills, manage per diem expenses for employees and eliminate cash handling within the organization.

Hussain Al Qemzi, Chairman, Kamel Pay, said, “We are excited to partner with Mastercard in launching innovative financial services for businesses and individuals across the UAE via a friendly and secure digital app-based platform and Mastercard prepaid cards. This partnership will enable the much-required financial inclusion for the UAE’s underbanked population through state-of-the-art Kamel Pay digital app offering relevant and affordable financial services for their personal and family needs.”

“Having Mastercard as our strategic partner will provide Kamel Pay a strong foundation to deliver innovative financial products through a cutting-edge payment platform and superior service delivery. This collaboration will have a substantial impact on the adoption of secure and cashless payments across the UAE and in the region in near future; especially in the underbanked population who had been largely neglected. Kamel Pay strives to remain at the forefront of solving the ever-emerging financial needs of communities