Mastercard and AFS Launch Integrated Corporate Payment Solutions in UAE and Egypt

Quick Summary

Mastercard and AFS have partnered to launch corporate credit cards and prepaid solutions in the UAE and Egypt. Integrated with the AFS Pro app, this ecosystem allows businesses to manage corporate spending, accept contactless payments via SoftPOS, and automate expense reporting through a single digital-first platform.

How Does the Mastercard and AFS Partnership Simplify Corporate Spending?

The collaboration introduces a unified payment ecosystem that bridges the gap between issuing and acquiring. By integrating corporate credit cards directly into the AFS Pro mobile app, businesses in the UAE and Egypt can now manage the entire financial lifecycle from a single interface. This eliminates the need for fragmented systems, allowing finance teams to reduce manual processes and gain real-time visibility into company outgoings.

• Real-time monitoring of all corporate card transactions.
• Custom spending controls to prevent unauthorized employee expenses.
• Seamless integration with existing financial institution infrastructures.

What Features Does AFS Pro Offer for Merchant Acceptance?

Beyond simple expense management, the platform empowers merchants with advanced acceptance tools. The inclusion of SoftPOS technology allows business owners to turn smartphones into payment terminals, facilitating contactless transactions without additional hardware. Furthermore, the Pay-by-Link functionality secures remote e-commerce sales, ensuring that businesses can capture revenue across multiple digital channels efficiently.

• SoftPOS (Tap-to-Phone) for instant contactless payment acceptance.
• Pay-by-Link for secure remote and e-commerce transactions.
• Actionable business insights via real-time POS transaction dashboards.

Why is This Ready-to-Deploy Solution Critical for Financial Institutions?

Banks and financial institutions in the EEMEA region face increasing pressure to provide digital-first business tools. This partnership offers a ready-to-deploy solution that combines card programs with merchant services, requiring minimal integration complexity. By leveraging this scalable platform, institutions can offer a differentiated business proposition without the heavy lifting of internal development, speeding up time-to-market for essential corporate financial services.

FF NEWS TAKE:

This partnership significantly moves the needle for corporate credit cards in the Middle East. By merging issuing and acquiring into one app, Mastercard and AFS are tackling the fragmentation that plagues SME and corporate finance. The inclusion of SoftPOS is a masterstroke for the Egyptian and UAE markets, where mobile-first business operations are rapidly becoming the standard. This is a robust blueprint for regional fintech scaling.