Pakistani businesses have a new option for managing employee expenses. Dubai Islamic Bank Pakistan (DIBP) has partnered with ChargeUp and NymCard to launch a groundbreaking corporate expense card solution.
This collaboration leverages advanced technology to streamline expense management. ChargeUp will issue DIBP’s corporate expense cards, available in both virtual and physical formats. NymCard’s robust fintech infrastructure will power the integrated solution, making expense digitization and employee reimbursements seamless.
“We’re excited to introduce this innovative solution,” said Omar Onsi, CEO of NymCard. Businesses of all sizes can benefit from this secure technology, allowing them to modernize financial management, digitize payments, and optimize processes.
ChargeUp’s user-friendly platform offers companies flexibility. They can issue virtual cards for commercial transactions or physical cards for employee reimbursements. Managed through a cloud-based system, it ensures efficient expense handling with NymCard’s strong infrastructure.
This partnership is a major step forward for corporate expense management in Pakistan. “This brings a revolutionary solution,” said Amer Pasha, CEO of ChargeUp. “Our combined expertise provides businesses with unparalleled efficiency, control, and convenience.”
Syed Zaka Ur Rehman, Head of Digital Banking at DIBP, emphasized the bank’s commitment to innovation. “DIBP is dedicated to providing cutting-edge financial solutions,” he said. Partnering with NymCard and ChargeUp allows them to revolutionize corporate spending, aligning with the State Bank of Pakistan’s vision for a digitalized banking and payments landscape.
