The World News AM
Wednesday, May 14, 2025
  • Login
  • Home
  • World
    • Asia
    • South Asia
      • Afghanistan
      • Pakistan
      • India
      • Sri Lanka
    • Central Asia
      • Azerbaijan
      • Kazakhstan
      • Russia
      • Tajikistan
      • Turkmenistan
      • Uzbekistan
    • East Asia
      • China
      • Japan
      • South Korea
    • SouthEastAsia
      • Indonesia
      • Malaysia
      • Thailand
      • Vietnam
    • Africa
      • Ethiopia
      • Ghana
      • Libya
      • Zimbabwe
    • Europe
      • France
      • Italy
      • Germany
      • Spain
      • Sweden
      • Switzerland
      • Turkiye
      • Ukraine
      • United Kingdom
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Argentina
      • Brazil
    • Oceania
      • Australia
      • New Zeland
  • Gulf
    • UAE
    • Iran
    • Kuwait
    • Oman
    • Qatar
    • Bahrain
  • Articles
  • Business
  • Sports
  • Health
  • Entertainment
  • Contact Us
  • About Us
No Result
View All Result
  • Home
  • World
    • Asia
    • South Asia
      • Afghanistan
      • Pakistan
      • India
      • Sri Lanka
    • Central Asia
      • Azerbaijan
      • Kazakhstan
      • Russia
      • Tajikistan
      • Turkmenistan
      • Uzbekistan
    • East Asia
      • China
      • Japan
      • South Korea
    • SouthEastAsia
      • Indonesia
      • Malaysia
      • Thailand
      • Vietnam
    • Africa
      • Ethiopia
      • Ghana
      • Libya
      • Zimbabwe
    • Europe
      • France
      • Italy
      • Germany
      • Spain
      • Sweden
      • Switzerland
      • Turkiye
      • Ukraine
      • United Kingdom
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Argentina
      • Brazil
    • Oceania
      • Australia
      • New Zeland
  • Gulf
    • UAE
    • Iran
    • Kuwait
    • Oman
    • Qatar
    • Bahrain
  • Articles
  • Business
  • Sports
  • Health
  • Entertainment
  • Contact Us
  • About Us
No Result
View All Result
The World News AM
No Result
View All Result
Home UAE

UAE Banks to Introduce Jaywan Debit Cards

WNAM: by WNAM:
May 15, 2024
in UAE
0
UAE Banks to Introduce Jaywan Debit Cards
0
SHARES
29
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Banks in the UAE will roll out Jaywan debit cards in phases, according to a top official.

Over the next two-and-a-half years, the more than 10 million existing debit cards in the market will be gradually replaced.

“Banks are required to launch the Jaywan card. With over 10 million cards in circulation, replacing them will take time. We have agreed on a staged approach, with banks ceasing to issue other branded cards and exclusively issuing Jaywan cards locally within two and a half years,”

said Abdulaziz Al Ghurair, chairman of the UAE Banks Federation (UBF), during a media briefing on Tuesday.

As reported in February 2024, UAE banks and financial institutions will begin issuing the Jaywan payment card in the second quarter of this year.

“We have an aggressive growth plan for Jaywan, aiming to launch debit cards in Q2 2024 with select partners who are ready to issue. Over the next few years, the Central Bank of the UAE will mandate all banks to issue Jaywan debit cards to their customers in the UAE,”

stated Andrew McCormack, chief operating officer at Al Etihad Payments (AEP).

McCormack mentioned that Jaywan cards can be co-badged with Mastercard or Visa.

“The card will feature two badges to cater to the large segment of UAE residents who travel extensively, enabling worldwide use. The Jaywan card will be primarily for the UAE, GCC, and India, while co-badge partners Mastercard and Visa will extend its reach globally,”

he explained.

“We anticipate Jaywan will eventually be accepted across the GCC and through country-to-country agreements with China, India, and other countries,”

ShareTweetShare
WNAM:

WNAM:

Related Posts

Emirates Group achieves record profit of AED 22.7 bn in 2024-25

Emirates Group achieves record profit of AED 22.7 bn in 2024-25

by WNAM:
May 8, 2025
0

DUBAI ( WNAM REPORT ): The Emirates Group released its 2024-25 Annual Report, achieving new record profit, EBITDA, revenue, and...

Emirates Group achieves record profit of AED 22.7 bn (US$ 6.2 bn) in 2024-25

Emirates Group achieves record profit of AED 22.7 bn (US$ 6.2 bn) in 2024-25

by WNAM:
May 8, 2025
0

WNAM REPORT: The Emirates Group today released its 2024-25 Annual Report, achieving new record profit, EBITDA, revenue, and cash balance...

Largest live installation create in Abu Dhabi

Largest live installation create in Abu Dhabi

by WNAM:
April 11, 2025
0

WNAM REPORT: Around 5,000 schoolchildren, teachers, parents, and members of the public will gather at the Al Shamkha Police Training...

Emma Alam Awarded Prestigious UAE Golden Visa

Emma Alam Awarded Prestigious UAE Golden Visa

by WNAM:
March 12, 2025
0

ISLAMABAD ( WNAM REPORT): Pakistani renowned figure in memory sports, speed reading, and mind mapping Emma Alam, has been awarded...

Dubai launches convenient car-based medical testing lab for drivers

Dubai launches convenient car-based medical testing lab for drivers

by WNAM:
March 12, 2025
0

WNAM REPORT: The Municipality of Dubai (United Arab Emirates) has introduced a mobile medical laboratory featuring a sliding system that...

Next Post
Türkiye, Azerbaijan sign gas deal

Türkiye, Azerbaijan sign gas deal

Latest updates of Operation “al-Aqsa Storm” launched by Palestinian fighters

Latest updates of Operation “al-Aqsa Storm” launched by Palestinian fighters

  • Home
  • World
  • Gulf
  • Articles
  • Business
  • Sports
  • Health
  • Entertainment
  • Contact Us
  • About Us

© 2023 The World News AM - Develope and maintain by Skyhost.

No Result
View All Result
  • Home
  • World
    • Asia
    • South Asia
      • Afghanistan
      • Pakistan
      • India
      • Sri Lanka
    • Central Asia
      • Azerbaijan
      • Kazakhstan
      • Russia
      • Tajikistan
      • Turkmenistan
      • Uzbekistan
    • East Asia
      • China
      • Japan
      • South Korea
    • SouthEastAsia
      • Indonesia
      • Malaysia
      • Thailand
      • Vietnam
    • Africa
      • Ethiopia
      • Ghana
      • Libya
      • Zimbabwe
    • Europe
      • France
      • Italy
      • Germany
      • Spain
      • Sweden
      • Switzerland
      • Turkiye
      • Ukraine
      • United Kingdom
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Argentina
      • Brazil
    • Oceania
      • Australia
      • New Zeland
  • Gulf
    • UAE
    • Iran
    • Kuwait
    • Oman
    • Qatar
    • Bahrain
  • Articles
  • Business
  • Sports
  • Health
  • Entertainment
  • Contact Us
  • About Us

© 2023 The World News AM - Develope and maintain by Skyhost.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In