In an important progress for the digital economy of the VAE, the flagship platform of Astra Tech, Botim, you work together with MBank, on the leading digital bank in the United Arab Emirates, to introduce the first fintech-ingraven Jaywan card schedule of the nation. The announcement was made during a signing ceremony at the Dubai Fintech Summit, with the witness of he Dr. Tariq bin Hendi, CEO and board member of Astra Tech & Botim, and Mohammed Wassim Khayata, CEO of MBank.
Botim, powered by Payby, positions this collaboration as the first fintech platform in the UAE toable Jaywan Card issue, in accordance with the national payment objectives of the Central Bank and the broader ambition of the country to promote a cashless society. The new prepaid Cage -Service offers Botim users a safe, monastery and full digital payment solution, which weakens seamless cash transactions in the emirates.
He Dr. Tariq Bin Hendi stated: “The launch of the Jaywan schedule via Botim represents a strategic commitment to improve the accessibility and infrastructure of financial services in the VAE. By integrating this national payment solution into our platform, we are able to use users. Autonomy and contribution to the digital transformation objectives of the UAE” “
Mohammed Wassim Khayata, CEO of MBank, added: “Our collaboration with Botim to introduce the Jaywan card schedule is proof of our shared from stimulating financial innovation and inclusion in the VAE. Who meet the evolving needs of our customers.”
Developing under the supervision of the Central Bank of the VAE and powered by Network International, the Jaywan schedule serves as the first domestic payment card system of the nation. It is recommended to improve financial sovereignty, reduces dependence on international regulations and supports the growing demand for localized, interoperable payment tools.
With this partnership, verified users will be Uble to request and activate their Jaywan -PRAPAID card directly within the Botim app, thereby eliminating the need for traditional bank accounts and secure digital payments is brought to a wider audience.
This initiative builds on Botim’s evolving fintech ecosystem, which includes prepaid cards with multiple currencies, real-time worldwide transfers, micro loans and financial services in the chat. The integration of the Jaywan schedule also solves the position of Botim as an extensive digital lifestyle platform, which defines the landscape of fintech services in the Mena region.
