التكنولوجيا وأخبارها بوابة مصر لأخبار تكنولوجيا المعلومات والإتصالات وفي أفريقيا كما تعتبر مصدر رئيسي للمعلومات حول تكنولوجيا المعلومات والاتصالات والفرص الاستثمارية المرتبطة بالاقتصاد الرقمي في المنطقة بالكامل
Mastercard and Arab Financial Services (AFS) have announced a strategic collaboration to introduce corporate credit and prepaid cards across the UAE and Egypt. The initiative integrates advanced payment solutions with the AFS Pro mobile application, creating a unified digital ecosystem for business payments and expense management.
A Unified Digital Platform with AFS Pro
At the heart of this collaboration is the AFS Pro app, which goes beyond traditional business card offerings. It delivers a comprehensive financial management platform that enables companies to manage expenses, accept payments, track transactions, and optimize financial operations—all through a single interface.
This seamless integration simplifies day-to-day financial processes while empowering organizations to make smarter, data-driven decisions.
Enhanced Control, Transparency, and Efficiency
Through this partnership, businesses can leverage AFS Pro’s advanced features alongside Mastercard’s global acceptance network, security standards, and value-added services.
Companies can:
Issue and manage corporate cards
Set customized spending controls
Monitor transactions in real time
Streamline expense management digitally
This results in improved operational efficiency, enhanced financial visibility, and better control over corporate spending.
Advanced Payment Acceptance Capabilities
AFS Pro also introduces integrated payment acceptance tools designed to enhance merchant operations, including:
SoftPOS (Tap-to-Phone): Accept contactless payments directly via smartphones
Pay-by-Link: Enable secure remote and e-commerce transactions
Additionally, merchants gain access to real-time POS transaction monitoring and advanced dashboards that provide actionable insights into sales performance and market trends.
Optimized Financial Operations and Reporting
The platform includes comprehensive merchant servicing and reporting tools that simplify reconciliation, support business analytics, and improve overall operational efficiency.
By consolidating both payables and receivables within one app, businesses can reduce fragmentation, enhance financial transparency, and minimize manual processes for finance teams.
A Scalable Solution for Financial Institutions
The collaboration also provides banks and financial institutions with a ready-to-deploy solution that combines corporate card programs and payment acceptance capabilities.
Designed for rapid deployment with minimal integration complexity, the platform enables institutions to deliver competitive business payment solutions without significant internal development investments.
Rollout Strategy Across the Region
The integrated offering will initially launch in the UAE, followed by expansion into Egypt. The solution is designed to help businesses digitize financial operations, improve oversight, and adapt to evolving payment trends in the region.
This collaboration represents a next-generation fintech model that unifies issuing and acquiring capabilities within a scalable digital platform.
Executive Statements
Dr. Samer Soliman, Group CEO of AFS, highlighted that Mastercard is a trusted partner in expanding into key growth markets, noting that the collaboration will significantly enhance efficiency, transparency, and spending control for businesses.
Mete Guney, Executive Vice President, Market Development (EEMEA) at Mastercard, emphasized the company’s commitment to empowering businesses of all sizes with innovative tools that drive growth and unlock their full potential in a rapidly evolving economic landscape.
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