UAE fintech platform Botim has partnered with Mastercard to launch Mastercard One Credential, an all-in-one card solution that allows eligible cardholders to access multiple payment options through a single card.
The launch marks the first rollout of Mastercard One Credential in the UAE and across the Eastern Europe, Middle East and Africa (EEMEA) region.
The solution connects multiple funding sources to a single payment product through a digital interface. Eligible Botim cardholders can switch between prepaid balances and credit funding without requiring separate cards.
The new offering also allows customers to access funds in multiple currencies and convert purchases into flexible installments.
The launch comes as consumers show growing interest in installment-based payments. According to Mastercard research, 83% of UAE consumers surveyed said they would use card installments through One Credential.
The research also found demand for combining multiple payment options into a single capability, with consumers citing convenience and greater control over everyday spending.
For first-time credit users, the solution is designed to provide a simpler way to access credit through an existing card experience.
“At Botim, we believe financial services should improve how people access and manage everyday financial lives,” said H.E. Dr. Tariq BinHendi, Board Member at Astra Tech and CEO of Botim. “Our work with Mastercard reflects a shared commitment to fostering greater choice, transparency, and confidence in digital payments. 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.”
“Consumers increasingly expect payment experiences that are secure, simple, and embedded in their everyday digital lives”, said Gina Petersen-Skyrme, senior vice president and country manager, UAE and Oman at Mastercard. “By combining Mastercard’s One Credential technology with Botim’s digital platform, we are simplifying how cardholders access and manage different payment methods through one scalable solution. Equally important, One Credential also demonstrates how solutions can be implemented quickly and efficiently in markets, supporting our partners’ efforts in launching new solutions.”
The new prepaid and installment offering is the first milestone in a broader collaboration between Botim and Mastercard. The companies said the partnership will also explore additional card propositions and payment use cases aimed at expanding the ways customers can make payments.
