Mastercard has partnered with LiaPay, a GCC payroll app operated by fintech company Liabify, to issue prepaid cards that give salaried employees early access to wages they have already earned.
The rollout will begin in the UAE and Qatar before expanding to Saudi Arabia and Oman. Each employee will receive a Mastercard Platinum prepaid card linked to the LiaPay app, enabling payments in stores, online and for cross-border remittances across Mastercard’s network.
LiaPay combines payroll-embedded earned wage access with an employee wallet, allowing workers to access salary before payday without traditional credit. The company said its service is aligned with local Wage Protection Systems and supported by regulated financial institutions.
The platform is already live, with Mawarid Finance serving as BIN sponsor and Paymentology as processor. Liabify also has an agreement with Deel and Anvin ERP covering more than 200,000 employees in LiaPay’s network.
The companies said the roadmap includes a loyalty and rewards platform, as well as Mastercard Move’s money movement capabilities.
Source: Fintech News UAE
