KamelPay and Paymentology Launch AbsoluteCard to Modernize UAE Corporate Payments

Quick Summary

KamelPay has partnered with Paymentology to launch AbsoluteCard, a cloud-native corporate payments platform in the UAE. This collaboration enables businesses to manage expenses via physical and virtual cards with real-time controls, streamlining enterprise spend management through Paymentology’s advanced API-driven issuer-processing infrastructure.

How Does AbsoluteCard Solve Corporate Spending Challenges?

KamelPay addresses the lack of visibility in business expense management by launching a platform that offers real-time spend controls and automated tracking. By leveraging Paymentology’s cloud-native infrastructure, UAE businesses can now deploy physical and virtual cards tailored to specific organizational needs. The platform launches with three distinct tiers:

• C-Suite Edition: High-level executive cards for senior leadership.
• P.R.O. Edition: Specialized for government and administrative fees.
• Business Edition: Customizable for logistics, travel, and software.

This structure ensures that corporate payments platform users can maintain strict oversight while providing employees with the necessary tools for operational efficiency.

What Role Does Paymentology Play in This Partnership?

As the global issuer-processor, Paymentology provides the API-driven foundation required for KamelPay to scale securely in the Middle East. This infrastructure allows for instant card issuance and seamless integration into existing business workflows. Nauman Hassan, Regional Director MENA at Paymentology, noted:

"KamelPay is setting a new benchmark for how payments can drive meaningful financial inclusion. By combining deep on-the-ground understanding with a strong regulatory foundation, KamelPay is delivering real impact for employers, businesses and workers alike. The launch of AbsoluteCard marks an exciting new chapter in its growth, and we're proud to provide the cloud-native infrastructure that enables the business to innovate confidently, scale securely and deliver exceptional payment experiences."

How is KamelPay Navigating the UAE Regulatory Landscape?

Beyond the technology launch, KamelPay has secured In-Principle Approval from the Central Bank of the UAE (CBUAE). This approval covers Stored Value Facilities (SVF) and Retail Payment Services (RPS), positioning the firm as a fully compliant fintech player. This regulatory milestone, combined with the corporate payments platform launch, allows KamelPay to offer a comprehensive financial ecosystem for the UAE workforce. Ehsan Rahman, CEO and Co-Founder of KamelPay, stated:

"We didn't start with technology; we started with people. Partnering with Paymentology gives us the secure, compliant foundation to scale our mission while keeping human needs at the heart of financial services. With the launch of AbsoluteCard, we're helping businesses transform how they manage corporate spending through greater visibility, control and transparency, while continuing to build financial solutions that solve real-world challenges for organisations and their people."

FF NEWS TAKE:

This partnership definitely moves the needle for the UAE’s B2B ecosystem. While consumer fintech is saturated, corporate payments platform solutions that bridge the gap between regulatory compliance and user experience are rare. By combining Paymentology’s global processing power with KamelPay’s local regulatory wins, this duo is well-positioned to dominate the Middle East fintech market, specifically targeting the underserved administrative and P.R.O. spending sectors.