VaultsPay Partners With Mastercard to Expand Card Payments in UAE

VaultsPay, a UAE-based financial technology firm, has entered a strategic collaboration with Mastercard to issue virtual and physical payment cards in the UAE.

The agreement is set to expand VaultsPay’s acquiring and digital payments portfolio, enabling the rollout of card products across both retail and online payment environments. The collaboration will utilise Mastercard’s global network and infrastructure to support transactions accepted internationally.

According to the companies, the partnership is designed to provide secure and scalable payment solutions while supporting broader adoption of digital financial services. The card offerings are expected to integrate into existing payment ecosystems, offering consumers and businesses additional access to cashless transaction methods.

VaultsPay said the move aligns with efforts to enhance financial inclusion and support the UAE’s transition towards a more digitally enabled financial landscape. Mastercard also highlighted its ongoing initiatives to expand access to financial tools for individuals and small businesses.

The collaboration focuses on strengthening payment infrastructure and delivering secure, compliant transaction systems, with the aim of supporting continued growth in digital payments across the UAE.