Astra Tech's botim money has locked a multi-year deal with City Exchange to roll out co-branded salary cards that funnel wages directly into digital wallets for thousands of Emirati workers, tightening compliance with mandatory payroll safeguards while opening doors to remittances, credit and investment products. The tie-up weaves City Exchange's disbursement rails into the botim app, letting employees tap earnings the instant paychecks land and skip traditional bank branches for transfers or bill settlements.
The arrangement bolsters Wage Protection System adoption mandated by the Ministry of Human Resources and Emiratisation, which compels employers to route salaries through approved channels that guarantee punctual delivery. City Exchange gains a digital edge for corporate clients hunting streamlined onboarding, while botim money extends its financial footprint across payments and low-cost cross-border flows, advancing the Gulf state's push toward an inclusive, technology-driven money ecosystem.
The arrangement bolsters Wage Protection System adoption mandated by the Ministry of Human Resources and Emiratisation, which compels employers to route salaries through approved channels that guarantee punctual delivery. City Exchange gains a digital edge for corporate clients hunting streamlined onboarding, while botim money extends its financial footprint across payments and low-cost cross-border flows, advancing the Gulf state's push toward an inclusive, technology-driven money ecosystem.
