Astra Tech debuts new Botim prepaid debit card

  • Date: 16-Aug-2023
  • Source: Gulf Business
  • Sector:Technology
  • Country:UAE
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Astra Tech debuts new Botim prepaid debit card





Image courtesy: Supplied

Astra Tech’s Botim has unveiled its new multi-currency prepaid debit card, giving its users in the UAE who do not meet banks’ minimum income requirements access to digital payments and banking services.

Botim prepaid card users will have access to a wide range of integrated financial services conveniently and securely, enabling digital and offline transactions and allowing for efficient budgeting, while eliminating the need to carry cash.

The Mastercard prepaid debit card is accepted in more than 200 countries, offers UAE dirham and the US dollar, and Botim plans to additional currencies in the future.

The cards require a single upfront payment and come in two variants – the Standard Card, which goes for Dhs25 and the Metal Card, a premium option available for Dhs200.

“With the increased adoption of emerging payment methods, this step supports the UAE’s vision of building a cashless economy,” Astra Tech said in a statement.

“We are extremely glad to foster meaningful connections among a global network of over 150 million users. Our ongoing mission is to further fortify our dedication to inclusivity and equity, with a specific focus on promoting financial inclusion,” said Abdallah Abu Sheikh, founder of Astra Tech and CEO of Botim.

“We aim