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Wire · technology

DIB strengthens the UAE's national payments ecosystem with the launch of its Jaywan debit card

Published

27 July 2026

Topic

technology

Sectors

Fintech

Geography

UAE

Source

Read at khaleejtimes.com

Verified

Fusion42 · 27 July 2026 · Fusion42 review

Dubai Islamic Bank launches Jaywan debit cards to its customer base, expanding adoption of the UAE's national card payment scheme operated by the Central Bank. Jaywan localises domestic transactions and strengthens payments infrastructure resilience by processing card data within the UAE.

This Wire brief sits within Fusion42's coverage of Fintech. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.

◆ The Wire takeaway

If you build payments infrastructure outside the Gulf, you now have a 400m-person wallet in the UAE that's closed to you by design. Jaywan gives the Central Bank full control of card data, processing and rails—the model is spreading across the Middle East.

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Topics

Fintechpayments-sovereigntycard-schemesinfrastructure-localizationfinancial-resilienceislamic-banking