UAE rolls out Jaywan, the first national payment card: Banks launch new schemes

The UAE has formally launched Jaywan, a domestically-operated national payment card scheme run by the Central Bank subsidiary Al Etihad Payments, with First Abu Dhabi Bank issuing debit cards, Commercial Bank of Dubai issuing prepaid cards, and Network International enabling online merchant acceptance. The scheme is designed to keep payment data within the UAE and reduce reliance on international card networks.

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