<div id="readability-page-1"><div>Dubai, UAE: In a first for the EEMEA region, First Abu Dhabi Bank (FAB) and Mastercard have officially launched Mastercard’s proprietary mobile-first virtual card number (VCN) solution for businesses. This innovative solution enables enterprises and government entities to issue and manage virtual corporate cards while integrating them into mobile wallets - for flexible, efficient and secure payments.The launch marks a significant leap forward in the modernization of corporate payments, addressing the growing demand for digital and contactless solutions. Mastercard’s mobile VCN solution empowers organizations to optimize cash flow, streamline expense management and enhance the accounts payable processes.As a key driver of digital transformation in the UAE, FAB is leading the modernization of corporate payments by introducing Mastercard’s mobile VCN platform to the region. Through this launch, FAB is empowering enterprises and government entities to issue and manage mobile-first virtual corporate cards that integrate seamlessly with digital wallets. This innovation strengthens operational efficiency, enhances transparency and control over corporate spending, and supports the country’s broader move toward secure, sustainable, and technology-enabled financial ecosystems.A Mobile-first Solution to Modernize Corporate PaymentsAs UAE enterprises adapt to a rapidly digitizing business environment, mobile virtual cards solve key challenges by providing an end-to-end solution tailored to modern needs. Businesses can generate virtual cards in real time and utilize them for online and in-store purchases via mobile wallets. This innovation integrates seamlessly with existing payment processes, delivering enhanced flexibility and security.The centralized controls enhance expense management by offering a streamlined overview of spending, helping organizations make data-driven decisions.Setting a New Standard in B2B PaymentsIn the UAE, where digital payment adoption is rapidly expanding, research has revealed that 45% of companies are investing in mobile technology for B2B payments. With the new mobile virtual card solution that enables virtual commercial cards to be seamlessly added to digital wallets, FAB and Mastercard have established themselves at the forefront of this movement, delivering a solution that reflects the evolving needs of businesses and government entities in the region.This launch underscores FAB’s and Mastercard’s shared commitment to transforming the future of payments while fostering innovation, growth and operational excellence across industries in the UAE and beyond.About MastercardMastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential. www.mastercard.comSend us your press releases to pressrelease.zawya@lseg.comDisclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.</div></div>

First Abu Dhabi Bank (FAB) and Mastercard have launched a mobile-first virtual card number (VCN) solution for businesses in the EEMEA region. This innovation allows enterprises and government entities to issue and manage virtual corporate cards integrated into mobile wallets, enhancing payment flexibility, efficiency, and security. The solution aims to modernize corporate payments, optimize cash flow, streamline expense management, and support the UAE's move towards a secure, sustainable, and technology-enabled financial ecosystem.

- First Abu Dhabi Bank and Mastercard have launched a mobile-first virtual card number solution for businesses in the EEMEA region.  
- This innovative solution allows enterprises and government entities to issue and manage virtual corporate cards, integrating them into mobile wallets for enhanced payment efficiency and security.  
- The introduction of this technology supports the modernization of corporate payments, streamlines expense management, and aligns with the UAE's push towards digital financial ecosystems.

ZAWYA-PRESSR: FAB and Mastercard transform UAE business payments with mobile-first virtual corporate cards