Mastercard Move Powers botim money’s Expansion into 150+ Remittance Corridors
Embedding global remittance infrastructure into everyday digital platforms to simplify cross-border payments for expatriate communities in the UAE.
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Digital wallets and super apps are becoming increasingly important in the UAE’s payments landscape. Fintech companies are competing to make cross-border money transfers simpler for a highly mobile expatriate population, as international remittances remain one of the most widely used financial services in the country.
botim money, the financial services arm of UAE-based superapp botim, has partnered with Mastercard to expand its international remittance offering through Mastercard Move, the payments company’s global money movement platform.
The integration enables botim money users in the UAE to send funds to more than 150 countries directly from the botim app, with recipients able to receive payouts through bank accounts, mobile wallets, or cash pickup, depending on the destination market.
By embedding Mastercard Move into its platform, botim money aims to provide faster and more secure cross-border transfers while keeping the entire transaction experience within a single application. The move supports botim’s broader strategy of combining communication and financial services in an AI-native, fintech-first ecosystem already used by millions across the region.
“Our collaboration with Mastercard advances our goal of unifying communication and financial services within one smart ecosystem,” said Tariq Bin Hendi, Board Member of Astra Tech and CEO of botim. “By integrating global remittances into botim, we are improving speed, security, and accessibility, particularly for users with limited access to traditional financial services.”
Mastercard stated that the partnership reflects the growing importance of cross-border payments in expatriate-heavy markets, such as the UAE. “International money transfers are a critical connection between expatriates and their families,” said Gina Petersen-Skyrme, Country Manager for UAE and Oman at Mastercard. “Working with fintech players like botim helps extend fast, secure, and affordable payment options to a broader population, supporting financial inclusion.”
The collaboration combines Mastercard’s global payments infrastructure with botim money’s expanding suite of regulated financial services, allowing users to initiate international transfers without switching platforms or service providers. This approach reduces transaction complexity and improves user convenience.
The announcement comes as the UAE’s fintech sector continues to expand, with the market projected to reach USD 6.43 billion by 2030. The partnership also aligns with national efforts to accelerate the shift toward a cashless and digitally inclusive economy, including initiatives led by the Central Bank of the UAE to enable instant and interoperable payments.
Mastercard Move supports transactions across more than 200 countries and territories and over 150 currencies, reaching more than 95% of the world’s banked population. The platform offers multiple payout options, including bank transfers, mobile wallets, cards, and cash, designed to serve both banked and underbanked users.
botim money is licensed by the Central Bank of the UAE as both a stored value facility and a retail payment services provider. Its growing portfolio includes local and international remittances, prepaid cards, bill payments, credit services, and salary disbursement solutions.
