CBUAE launches Jaywan, the UAE’s first national card scheme, marking a major step in strengthening the country’s digital payments infrastructure and financial sovereignty

Operated by Al Etihad Payments, Jaywan enables banks, licensed financial institutions and exchange houses to issue domestic payment cards while supporting lower transaction costs, greater payment efficiency and enhanced financial inclusion. The initiative also strengthens payment resilience by reducing reliance on international card networks and reinforcing the UAE’s position as a regional…