In a significant advance for the Eau digital economy, Astra Tech’s flagship platform, Botim, has been associated with Mbank, a leading digital bank in the United Arab Emirates, to present to the nations the first Jaywan card scheme integrated into Fintech. The announcement was lasted a signature ceremony at the Dubai Fintech Summit, with the presence of Dr. Tariq Bin Hendi, CEO and member of the Astra Tech & Botim Board, and Mohammed Wassim Khayata, CEO or Mbank.
This collaboration positions Botim, promoted by Payby, such as the first Fintech platform in the EAU to allow the issuance of Jaywan’s card, aligning with the national payment objectives of the Central Bank and the country’s braler ambition to promote a company without cash. The new prepaid card service will provide BOTM users with a safe, convenient and totally digital payment solution, allowing transactions without cash without effective in the Emirates.
Dr. Tariq Bin Hendi declared: “The launch of the Jaywan scheme through Botim representatives is a strategic commitment to improve the accessibility and infrastructure of financial services in the EAU. By integrating this national payment of the EU Digital Transformation objectives.”
Mohammmed Wassim Khayata, CEO or Mbank, added: “Our association with Botim to introduce the Jaywan card scheme is a testimony of our shared vision to boost financial innovation and inclusion in the EAU. This digddescan initiative solves the evolution needs of our clients.”
Developed under the supervision of the Central Bank of the EAU and promoted by Network International, Jaywan’s scheme serves as the first national nations payment card system. It is designed to improve financial sovereignty, reduce dependence on international schemes and support the growing demand for localized and interoperable payment solutions.
With this association, verified users will be able to request and activate their Jaywan Prepaid card directly within the Botim application, eliminating the need for traditional bank accounts and bringing safe payments to a broader audience.
This initiative is based on the Econtech Ecosystem evolving from Botim, which includes multiple coin cards, global remittances in real time, microndators and financial services in the chat. The integration of the Jaywan scheme further solidifies the position of Botim as a comprehensive digital lifestyle platform, redefining the landscape panorama in the Mena region.
