---
title: First Abu Dhabi Bank and Mastercard launch mobile-first virtual corporate cards in UAE - Developing Telecoms
description: In what is described as a first for the EEMEA region, First Abu Dhabi Bank (FAB) and payment giant Mastercard have officially launched Mastercard’s proprietary mobile-first virtual card number (VCN) solution for businesses.
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date: 2025-12-24T00:09:05Z
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In what is described as a first for the EEMEA region, First Abu Dhabi Bank (FAB) and payment giant Mastercard have officially launched Mastercard’s proprietary mobile-first virtual card number (VCN) solution for businesses.

This 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, Mastercard explains, marks a significant leap forward in the modernisation of corporate payments, addressing the growing demand for digital and contactless solutions. Mastercard’s mobile VCN solution helps organisations to optimise cash flow, streamline expense management and enhance the accounts payable processes.

Through this launch, say the partners, FAB is empowering enterprises and government entities to issue and manage mobile-first virtual corporate cards that integrate seamlessly with digital wallets. This innovation, they add, strengthens operational efficiency, enhances transparency and control over corporate spending, and supports the country’s broader move towards secure, sustainable, and technology-enabled financial ecosystems.

Mobile virtual cards, the partners point out, solve key challenges by providing an end-to-end solution tailored to modern needs. Businesses can generate virtual cards in real time and utilise them for online and in-store purchases via mobile wallets. This innovation integrates seamlessly with existing payment processes, delivering enhanced flexibility and security.

In addition, the centralised controls enhance expense management by offering a streamlined overview of spending, helping organisations to make data-driven decisions.

Digital payment adoption is rapidly expanding in the UAE. Mastercard says research has revealed that 45% of companies in the country are investing in mobile technology for B2B payments.

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