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KamelPay and Paymentology Launch AbsoluteCard to Revolutionize UAE Corporate Spending

By Lauren Towner · 22 July 2026

Press Release: KamelPay and Paymentology Launch AbsoluteCard to Revolutionize UAE Corporate Spending | Featured Image by FF News

Quick Summary

KamelPay has partnered with Paymentology to launch AbsoluteCard, a next-generation corporate payments platform in the UAE. Powered by Paymentology’s cloud-native infrastructure, the solution offers physical and virtual cards with real-time controls, helping businesses streamline corporate payments and improve expense management efficiency across the MENA region.

How Does KamelPay Solve Corporate Spending Challenges?

KamelPay addresses the complexities of corporate payments by providing a unified ecosystem that replaces fragmented expense processes. By leveraging Paymentology’s API-driven infrastructure, the new AbsoluteCard platform offers real-time spend controls and automated expense management. This allows UAE businesses to move away from manual tracking and gain instant financial visibility.

  • C-Suite Card: Tailored for executive-level spending and travel.
  • P.R.O. Edition: Specifically designed for government and administrative fees.
  • Business Edition: A customizable tool for logistics, software, and general operations.

Ehsan Rahman, CEO and Co-Founder of KamelPay, said: "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."

What Role Does Paymentology Play in This Expansion?

Paymentology acts as the global issuer-processor, providing the technical backbone required for KamelPay to scale. Their cloud-native Lume platform ensures that KamelPay can offer secure, compliant, and highly flexible card programs. This partnership is critical as KamelPay secures its regulatory foundation through In-Principle Approval from the Central Bank of the UAE.

Nauman Hassan, Regional Director MENA, Paymentology, said: "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."

FF NEWS TAKE:

This partnership definitely moves the needle for the UAE's B2B fintech sector. By combining Paymentology’s robust processing power with KamelPay’s localized expertise, they are tackling a major pain point: corporate payments for the underbanked and SME sectors. The Central Bank's IPA approval is the real kicker here, signaling that KamelPay is ready to become a dominant regulated force in Middle Eastern business finance.

Companies in this story: Paymentology, Central Bank of the UAE, Kamelpay

People in this story: Nauman Hassan, Ehsan Rahman

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