Botim and Mastercard have debuted the region’s first all-in-one card, the Mastercard One Credential, aimed at enhancing payment flexibility for users in the UAE and EEMEA. This innovative card combines multi-currency, prepaid, credit, and installment payments, responding to consumer demand for flexible payment solutions.

The One Credential links a single payment product to multiple funding sources, allowing users to switch easily between prepaid and credit options. According to Mastercard’s research, 83% of UAE consumers are interested in using card installments. This solution offers first-time credit users a simplified entry point, increasing purchasing power and improving financial management.

H.E. Dr. Tariq BinHendi, CEO of Botim, emphasized the commitment to enhancing financial services, while Gina Petersen-Skyrme of Mastercard highlighted the importance of secure and simple payment experiences. This launch lays the foundation for future Botim card offerings and broader payment solutions.