Dubai – Sharikat Mubasher: Paymentology, a global issuer-processor, partnered with UAE fintech KamelPay to power the launch of ‘AbsoluteCard’, a new corporate payments platform designed to help businesses manage company spending with greater visibility, control, and efficiency.
Under the agreement, Paymentology will provide the cloud-native, API-driven infrastructure behind AbsoluteCard, enabling KamelPay to offer physical and virtual corporate cards with real-time spend controls and streamlined expense management, according to a recent press release.
The platform launches with three card options tailored for executives, government and administrative expenses, and customizable business spending across categories such as travel, logistics, and software subscriptions.
Ehsan Rahman, CEO and Co-Founder of KamelPay, said the partnership provides the secure and compliant foundation needed to scale the company's mission while delivering practical financial solutions that improve transparency and control over corporate spending.
Nauman Hassan, Regional Director for MENA at Paymentology, said the collaboration enables KamelPay to innovate securely while delivering modern payment experiences for businesses.
The announcement comes as KamelPay also secures In-Principle Approval from the Central Bank of the UAE for Stored Value Facilities and Retail Payment Services, strengthening the regulatory foundation for its continued expansion into corporate payments.
