Mastercard One Credential links one payment product to multiple funding sources
Botim, the UAE’s leading fintech platform, has collaborated with Mastercard to launch the Mastercard One Credential, giving eligible Botim cardholders greater flexibility and control over how they access and manage payments through a single card solution.
This launch also marks the first rollout of the solution in the UAE and across Eastern Europe, the Middle East, and Africa (EEMEA), strengthening the companies’ committment to product innovation, according to a press statement.
Mastercard One Credential links one payment product to multiple funding sources through a seamless digital interface. Eligible users can switch between prepaid balances and credit funding, giving them more ways to pay without needing a separate card.
Embedding credit access
For first-time credit users, the solution offers a simpler entry point by embedding credit access into an existing card experience. Botim cardholders can also access funds across multiple currencies and convert any purchase into simple, flexible installments, increasing purchasing power while providing clearer visibility over card transactions and financial management.
“By bringing this capability to Botim cardholders, we are providing a more practical and trusted way to pay, while continuing to build a platform that can support long-term financial participation and create sustainable value,” stated HE Dr. Tariq BinHendi, Board Member at Astra Tech and CEO, Botim.
“One Credential also demonstrates how solutions can be implemented quickly and efficiently in markets, supporting our partners’ efforts in launching new solutions,” added Gina Petersen-Skyrme, Senior Vice president and country manager, UAE and Oman, Mastercard.
