ABHI launches Mastercard-enabled salary advance cards

25 Jun, 2024

KARACHI: In order to introduce advance salary via Mastercard, ABHI has partnered with Mastercard to launch the Mastercard-enabled Salary Advance Cards for the first time in Pakistan.

ABHI users will be able to order this card via the ABHI app, 24/7 call center, or through the HR departments of their associated companies, enabling them to access earned salaries conveniently. This collaboration will enhance the accessibility of international and domestic online payments for ABHI’s Earned Wage Access (EWA) users.

With Mastercard-powered ABHI Salary Cards, users will gain the ability to conduct both local and international transactions directly from their Earned Wage Access.

By leveraging Mastercard’s technology, ABHI will enrich its products and services to ensure safe and quick transactions for its users. As the two companies unite to advance financial wellness across the region, this partnership signifies a leap toward fostering a secure digital economy.

On this development, Ali Ladhubhai Co-Founder and COO of ABHI said that while the digital economy is revolutionizing the financial landscape of Pakistan, ABHI is dedicated to empowering individuals and businesses through our innovative products.

“By introducing Salary Cards powered with Mastercard’s technology, we’re initiating a new era of seamless transactions for working individuals across the region. The partnership with Mastercard embodies our shared vision for a more inclusive financial future, where everyone has access to convenient and secure financial solutions,” he added.

Arsalan Khan, Country Manager Pakistan at Mastercard said that Mastercard is delighted to partner with ABHI, an exciting FinTech, to launch Salary Advance Cards that will connect their customers to our global payments network. “Together, we are working towards a common goal of ensuring that more businesses, more SMEs and more people than ever have access to the benefits and opportunities offered by digital payments as we deliver on our commitment of including one billion people to the digital economy,” he added.

Copyright Business Recorder, 2024

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