Technology
Network International Powers UAE’s First Jaywan Cards with Emirates NBD
Network International LLC, a leading enabler of digital commerce across the Middle East and Africa (MEA) region, has partnered with Emirates NBD to launch and facilitate the acceptance of Jaywan cards, the UAE’s first domestic card scheme. This initiative supports the UAE’s national vision for financial inclusion and a robust digital payment ecosystem.
Network International, leveraging its extensive expertise in digital payment solutions, will enable Jaywan cards to be accepted across its merchant terminals, in collaboration with Al Etihad Payments, a subsidiary of the Central Bank of the UAE.
Expanding Digital Payment Accessibility
Emirates NBD, as the first major issuer of Jaywan cards, will provide customers with secure and seamless payment options. These cards will be usable at Emirates NBD ATMs, Network International terminals, and e-payment gateways. With access to over 60,000 merchants in sectors such as high-end retail, hospitality, electronics, jewellery, and hypermarkets, Jaywan cards are set to revolutionize payment experiences across the UAE.
Strategic Leadership in Payments
Nandan Mer, Group CEO of Network International, stated:
"We are proud to collaborate with Emirates NBD to power the first issued Jaywan cards in the UAE. This domestic card scheme aligns with our commitment to innovation, financial inclusion, and excellence in digital payment solutions, reinforcing our leadership in the region."
Marwan Hadi, Group Head of Retail Banking and Wealth Management at Emirates NBD, emphasized the significance of the partnership, saying:
"This collaboration accelerates the establishment of a robust digital payments ecosystem in the UAE, enabling our customers to access secure and seamless payment solutions while supporting the nation’s cashless economy goals."
Jan Pilbauer, CEO of Al Etihad Payments, highlighted the broader impact of the scheme:
"Jaywan is designed to promote financial stability and inclusion, building an accessible and affordable payments network for UAE residents. This partnership empowers merchants and enhances transaction experiences across the country."
Driving a Cashless Economy
The Jaywan card scheme aligns with the UAE's strategy to advance digital payments and boost financial inclusion. Available to all licensed financial institutions, Jaywan cards will roll out in phases, with plans to expand card-based transactions to select international markets.