Mastercard and AFS Partnered on Corporate Card Issuance
The collaboration introduces integrated card management and payment tools for businesses in the UAE and Egypt.
Updated on Sept. 21, 2026 in Financial Services
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Mastercard and Arab Financial Services have partnered to issue corporate credit and prepaid cards. These financial products will be integrated into the AFS Pro mobile application to streamline business payment processes.
Why it matters
The partnership aims to accelerate the digitalization of business payments in key growth markets. By consolidating card issuance, payment acceptance, and reporting into a single platform, the collaboration reduces the operational need for multiple separate systems.
The AFS Pro platform enables merchants to accept contactless payments via smartphone and includes a Pay-by-Link feature for e-commerce. The integration provides users with a comprehensive business dashboard for tracking sales performance and payment tooling.
The players
Mastercard
Mastercard is a global technology company in the payments industry that connects consumers, financial institutions, and businesses.
Arab Financial Services
Arab Financial Services is a regional payment solutions provider that is regulated by the Central Bank of Bahrain.
The details
Finance teams can now manage corporate cards and establish specific spending controls directly within the AFS Pro mobile application. Beyond card management, the platform serves as a unified hub for payment acceptance and business analytics.
Timeline
September 21, 2026: The partnership between Mastercard and Arab Financial Services was officially announced.
Market Landscape
This collaboration reflects a wider shift toward the digitization of business-to-business payment ecosystems. It positions the providers to capture market share by simplifying financial operations for companies operating in the UAE and Egypt.
Business clients in the UAE and Egypt will be able to manage their corporate expenses and payment acceptance through a single mobile application. This consolidation simplifies reporting and spending controls for finance teams handling day-to-day operations.
The takeaway
Businesses looking to optimize their financial workflows can leverage integrated platforms to minimize reliance on fragmented software tools. Centralizing card issuance and payment data allows for tighter budget control and improved visibility into corporate spending.
Further reading
For more information on the evolving landscape of payment technologies, visit the Financial Services section.
Source note: This article includes information reported by The Fintech Times.
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