RemotePass launches physical debit card for remote workers

By Leandra Monteiro

RemotePass, a platform for remote work, has launched its physical debit card for remote teams in emerging markets.

With this new service, remote workers with an active contract on RemotePass can receive instant payments with zero fees, avoiding the hefty SWIFT fees and delays typically associated with international transfers.

Kamal Reggad, co-founder & CEO of RemotePass said, “Our commitment since day one has been to offer benefits and financial services to underserved workers in emerging markets. Today, we are super excited to take a significant step towards delivering on this vision, especially in the UAE, where Savills revealed Dubai is considered the third-best city in the world for digital nomads to live in. Our physical card is just one of the many ways that we’re helping remote workers get the financial freedom they need to thrive. We are working with different partners to bring more localized financial services and benefits such as a reward program, advance pay and pension plans.”

The card is powered by MatchMove, a financial technology company and a licensed and regulated Mastercard card issuer headquartered in Singapore. This service will allow global remote workers to hold funds in USD, giving them complete control over their finances. The card can be used online and offline globally, wherever Mastercard is accepted.

The RemotePass product offering is in line with the UAE government’s vision of attracting global talent and establishing the country as a leading hub for remote work. Through its Employer of Record services, RemotePass handles the entire relocation, visa, and insurance process for foreign companies seeking to hire and/or relocate employees or contractors in the UAE.