botim money has expanded its collaboration with Mastercard to support the next phase of its card issuance programme, with a focus on digital-first payment services and continued platform development.
The partnership builds on more than two years of Mastercard card issuance and sets out a longer-term roadmap aimed at improving payment experiences and broadening use cases across spending and financial services.
botim money cards are issued without a minimum salary requirement, extending eligibility across a wider base of UAE residents while operating within standard service frameworks.
The companies said the arrangement reflects the scale achieved to date and provides a foundation for further enhancements to the card offering.
“With card payments being part of everyday life for people living and working in the UAE, access needs to be reliable and inclusive by design,”
said Dr Tariq Bin Hendi, Board Member at Astra Tech and CEO of botim.
“This expanded strategic collaboration with Mastercard strengthens our ability to provide reliable, digital-first payment experiences to a broader segment of residents, while giving us a long-term platform to keep improving the card proposition over time.”
The development comes as Dubai works towards a target for cashless transactions to account for 90% of all payments by the end of 2026.
The companies said the broader eligibility model supports the UAE’s wider digital payments transition.
Gina Petersen-Skyrme, SVP and Country Manager for UAE and Oman at Mastercard, said:
“By combining our global network with botim money’s digital platform, we’re enabling seamless payment experiences built on trust.”
Featured image credit: botim money press release
