Paymentology, a global issuer-processor, has partnered with UAE fintech KamelPay to power its newly launched AbsoluteCard, a corporate payments platform designed to help businesses manage company spending with greater visibility, control and efficiency.

The collaboration will see Paymentology provide the cloud-native, API-driven infrastructure behind AbsoluteCard, supporting KamelPay's expansion into the corporate payments market.

AbsoluteCard Targets Business Spending

AbsoluteCard combines physical and virtual corporate cards with real-time spending controls and streamlined expense management.

The platform launches with three card options designed for different business needs. The C-Suite card is aimed at senior executives, while the P.R.O. Edition is designed for government and administrative expenses. Businesses can also use the customisable Business Edition for categories such as travel, logistics and software subscriptions.

According to KamelPay, the platform is designed to give businesses greater visibility over spending while improving control and transparency across corporate expenses.

Paymentology Provides the Infrastructure

Paymentology's cloud-native infrastructure will support the platform as KamelPay scales its corporate payments offering in the UAE.

The partnership is also part of KamelPay's broader plans to build financial solutions for businesses and their workforces, combining payment services with tools designed to address everyday financial and operational needs.

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

KamelPay has also received In-Principle Approval (IPA) from the Central Bank of the UAE (CBUAE) for Stored Value Facilities (SVF) and Retail Payment Services (RPS).

The regulatory approval, alongside the launch of AbsoluteCard, provides a foundation for KamelPay's next phase of growth as it expands its corporate payments offering and works towards building a broader financial platform for businesses and their employees.