botim money has partnered with Mastercard to enhance its global remittance capabilities via Mastercard Move.
The integration allows users to send money from the UAE to more than 150 countries, with payouts to bank accounts, mobile wallets, or cash collection, depending on the market, directly through the botim app.
Dr. Tariq Bin Hendi, Board Member of Astra Tech and CEO of botim, said:
“By embedding global remittances into botim, we’re making money transfer faster, safer, and more inclusive; especially for users who have limited financial access. This collaboration reiterates our commitment to making financial services accessible, intuitive, and empowering for everyone.”
Gina Petersen-Skyrme, Country Manager for the UAE and Oman at Mastercard, added:
“Our collaborations with innovative fintech players such as botim play a key role in promoting financial inclusion by bringing this essential service to people’s fingertips.”
The initiative allows users to transfer funds internationally without leaving the app, combining Mastercard’s global infrastructure with botim’s financial ecosystem.
It aligns with the UAE’s fintech growth, projected to reach US$6.43 billion by 2030, and supports the government’s vision for a cashless, inclusive digital economy, including initiatives by the Central Bank of the UAE for instant and interoperable payments.
Featured image credit: botim money
