Al Etihad Payments (AEP), a subsidiary of the Central Bank of the EAU (CBUAE), announced the signing of strategic Co-Asage agreements with leading international card schemes, including Discover, Mastercard, Unionpay and Visa.
The agreements aim to improve the use of Jaywan, the Eau national card scheme, enabling international transactions while guaranteeing a strong and efficient national payment network.
Strategic Co-Asage Associations announced
The link with international card issuing companies will provide Jaywan Cardholters the flexibility of making transactions worldwide, taking advantage of the scope of their payment networks.
Within the EAU, Jaywan’s transactions will continue to be processed safely through UAeswitch, maintaining a high level of reliability and performance, he told Etihad Payments.
Saif al Dhaheri, president of Al Etihad Payments, said that the company is taking advantage of advanced technology and strategic associations to create a safe and efficient payment ecosystem that is aligned with the vision of nations for innovation and financial empowerment.
Al Etihad Payments said that Jaywan will enter debit cards and prepaid for daily transactions, salary disbursements and safe cross -border payments.
The Eau Financial Institutions will begin broadcasting cards with Jaywan’s H2 quotes of 2025, he said.
Jaywan Co-Badge cards will provide international acceptance, ensuring trips without problems and cross-border payments for cards.
