KamelPay Partners With Paymentology on Corporate Card Platform

KamelPay, a UAE-based fintech company focused on corporate payments, has partnered with global issuer-processor Paymentology to launch AbsoluteCard, a corporate payments platform for businesses in the UAE.

The new platform is designed to give companies greater visibility and control over business spending by combining physical and virtual corporate cards with real-time spending controls and integrated expense management tools.

Built on Paymentology's cloud-native, API-driven infrastructure, AbsoluteCard launches with three products tailored to different business needs: a C-Suite card for executives, a P.R.O. Edition for government and administrative expenses, and a customisable Business card for categories including travel, logistics and software subscriptions.

The launch marks KamelPay's expansion into the corporate payments market. The company recently received In-Principle Approval from the Central Bank of the UAE for Stored Value Facilities and Retail Payment Services, providing the regulatory foundation for the next phase of its growth.

According to the two companies, the partnership is intended to help businesses streamline corporate spending while improving transparency and financial oversight through digital payment tools.