UAE Launches First National Payment Card System, Jaywan
Al Etihad Payments, a subsidiary of the UAE Central Bank, announced that the financial infrastructure is ready to activate Jaywan, the UAE’s first domestic payment card system, both locally and internationally.
“Jaywan cards will be available in various forms, including debit, prepaid, and credit cards (standard and premium). They can be used across all payment channels, such as online transactions, ATM withdrawals, and point-of-sale (POS) terminals,” the company stated in a press release.
Al Etihad Payments has established partnerships with global payment networks, including Discover, Mastercard (NYSE: MA), Visa (NYSE: V), and UnionPay, to enable customers in the UAE to use Jaywan cards more broadly around the world. The company also signed a Memorandum of Understanding (MoU) with Samsung Gulf Electronics (KS: 005930) to enable Jaywan cards within the Samsung Wallet.
Looking ahead, Al Etihad Payments plans to integrate Jaywan into Google Pay (NASDAQ: GOOGL) and Apple Pay (NASDAQ: AAPL). Additionally, the company aims to finalize bilateral agreements with India by mid-2025 and subsequently with other countries, further expanding the international usability of Jaywan cards beyond the UAE.

