Leading UAE bank Emirates NBD and Visa are partnering to introduce the Visa Commercial Pay-Mobile module for SME and corporate clients in the UAE.
The Visa Commercial Pay-Mobile is tailored to provide an easy and secure way to manage expenses and enables employees to make payments using Visa virtual cards on their mobile devices through digital wallets like Apple Pay or Google Pay.
The solution extends the current Virtual Card capability of deploying tokenised virtual credentials providing enhanced security, real-time controls and expense management to the digital wallets, enabling the use of Virtual Cards to make POS machine payments.
The initiative also aligns with the UAE Government’s vision of digitalising payments.
Deepak Chandran, Group Head of Retail Products at Emirates NBD, said the collaboration underscores the bank’s continued commitment to empower businesses with cutting-edge financial tools.
“We are confident that our new value proposition will provide our customers with increased flexibility and control for their online and offline corporate payments,” he said.
Salima Gutieva, Visa’s Vice President and UAE Country Manager, said the introduction of Visa Commercial Pay-Mobile with Emirates NBD – a first in the UAE – offers businesses a more efficient and secure way to manage their payments and expenses.
“As we progress, we remain dedicated to working closely with Emirates NBD to further tailor our solutions to support the digital transformation of local businesses and growing needs of the UAE’s digital economy,” Gutieva said.
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