KamelPay Introduces AbsoluteCard for UAE Business Payments

Jul 3, 2026

74 min

Jul 3, 2026 05:31

## Streamlining Corporate Payments

KamelPay, a fintech company based in the UAE, has launched AbsoluteCard, a new corporate payments system designed to enhance how businesses manage their finances. This innovative solution integrates a web portal, mobile app, and corporate card, all powered by Mastercard and supported by Mawarid Finance.

## Addressing Financial Challenges

The launch of AbsoluteCard comes as UAE businesses face increased regulatory demands, including corporate tax and E-invoicing requirements. These changes necessitate precise tracking and reporting of expenses. AbsoluteCard aims to meet these needs by providing finance leaders with real-time visibility and control over spending.

## Features and Benefits

AbsoluteCard offers a range of features to simplify corporate spending. Businesses can issue cards instantly, set precise budgets, and assign role-based access. The platform also allows for the issuance of multiple virtual IBANs, enabling clearer fund separation across projects. A single portal for approvals and real-time fund loading further enhances financial management.

## Impact on Business Operations

By automating administrative tasks, AbsoluteCard reduces the time finance teams spend on reconciling transactions. This leads to faster decision-making and stronger governance for business leaders. The system also provides a clearer view of spending patterns, contributing to more informed financial strategies.

## Broader Implications

KamelPay's AbsoluteCard is not only a tool for businesses but also a scalable solution for banks and financial institutions. It allows these entities to offer advanced payment solutions to their clients without needing to develop new infrastructure, thus expanding their service offerings.

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