Mawarid Finance and KamelPay have launched AbsoluteCard, a new corporate payment solution for businesses in the UAE.

Powered by Mastercard and issued by Mawarid Finance, the product marks KamelPay’s expansion from workforce payments and salary processing into broader corporate expense management.

The solution gives organisations real-time visibility and control over business spending, allowing companies to manage expenses digitally and streamline corporate payment processes.

KamelPay previously focused on workforce payments through its PayD ecosystem, which the company said currently serves more than 1,600 corporate clients across the UAE.

“Our collaboration with KamelPay reflects a shared vision of simplifying corporate financial management through secure, scalable, and technology-driven payment solutions,”

said Rashid Al Qubaisi, Chief Executive Officer of Mawarid Finance.

He added that AbsoluteCard will help businesses gain greater visibility, control, and efficiency in managing corporate expenses.

“What began with workforce payment solutions has evolved into a broader vision of supporting organisations through innovative financial products,”

said Ehsan Rahman, Co-founder and CEO of KamelPay.

Rahman said the partnership enables businesses to manage corporate spending more efficiently while improving transparency and control.

Featured image credit: Edited by Fintech News UAE, based on image by Mawarid Finance