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Mastercard Partners with Arab Financial for Business Cards
Mastercard and the Arab Financial Services (AFS) have jointly launched a new platform that includes credit and prepaid cards for businesses in the UAE and Egypt, integrated with the AFS Pro app for managing corporate payments via smartphones. The platform allows companies to issue and monitor their cards, set expenditure controls, and process payments easily and securely, supporting improved efficiency and financial transparency. The service will initially launch in the UAE and then expand to Egypt, aiming to digitize financial operations, enhance oversight, and reduce manual processes. It also offers tools such as mobile payments, link-based payments, and real-time transaction tracking, thereby boosting the e-commerce experience and corporate spending behavior.
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