UAE Launches Jaywan: The Nation’s First Domestic Payment Card Scheme
The United Arab Emirates (UAE) has taken a major step towards financial independence by officially launching ‘Jaywan’. This marks the country’s first domestic card payment scheme or national payment card scheme. Supported by the Central Bank of the UAE (CBUAE) and operated by Al Etihad Payments (AEP), Jaywan offers a local alternative to international payment…