The UAE domestic card payment scheme, called Jaywan, is a new initiative launched by the Central Bank of the UAE. It is designed to reduce the country’s dependence on international card networks like Visa and Mastercard. With Jaywan, the UAE aims to create a more secure, cost-effective, and independent payment system that supports local businesses and strengthens the economy.
Jaywan will work just like any debit or credit card, but it’s made specifically for use within the UAE. It uses NPG (National Payment Gateway), a homegrown system built to handle payments safely and efficiently. As part of a larger strategy to promote digital finance, Jaywan is expected to reshape how residents and tourists make purchases in the country.
Who Can Use the Jaywan Card?
Initially, the Jaywan card is being rolled out by a few major UAE banks, including First Abu Dhabi Bank (FAB), with more banks expected to join soon. If you’re a UAE resident with a bank account, you may be eligible to get the card. It’s important to check with your bank to see when they will start issuing Jaywan cards.
The goal is for all UAE residents to eventually have access to a Jaywan card. This will make daily transactions—like shopping, paying bills, or even buying groceries—simpler and more local.
How Does Jaywan Work?
Jaywan cards are powered by NPG, the UAE’s national payment system. Just like other debit or credit cards, Jaywan can be used at ATMs, online, and in physical stores. Here’s how it benefits users:
- Lower transaction fees for merchants
- Better data privacy since payment data stays within the UAE
- Stronger protection against international system disruptions
- Faster settlement of payments
The system supports contactless payments, chip-based transactions, and is expected to integrate with mobile wallets soon
What Makes Jaywan Different from Visa or Mastercard?
Jaywan is designed to be fully local. When you use a Visa or Mastercard, your transaction may go through international networks, which could involve higher processing fees or slower transaction times.
With Jaywan, the entire transaction process happens within the UAE, offering better security and cost savings. It also gives the government more control over financial data and infrastructure.
For example, if global networks go down due to cyberattacks or technical issues, Jaywan would still function smoothly inside the country.
Where Can You Use the Jaywan Card?
The Jaywan card can be used at:
- Local retail stores
- Restaurants and cafes
- ATMs across the UAE
- Online platforms that accept local cards
As more vendors sign up for the system, the usability of the card will expand rapidly. Eventually, it will be accepted everywhere Visa and Mastercard are accepted—within the UAE.
Benefits for UAE Residents and Businesses
Jaywan is not just a card—it’s part of a larger financial vision. Here’s how it benefits both individuals and businesses:
For Residents:
- Lower service charges on transactions
- Faster and more secure payments
- Greater control over spending data
- Easy access to a local, reliable payment method
For Businesses:
- Reduced merchant fees
- Quicker payment settlements
- Access to real-time transaction data
- More customer payment options
Jaywan also supports the UAE’s goal of becoming a cashless, digital economy.
How to Get a Jaywan Card
If you’re interested in getting a Jaywan card, here’s what to do:
- Contact your bank: Check if your bank has launched the Jaywan card yet.
- Request the card: You may be able to apply through online banking or by visiting a branch.
- Activate it: Once you receive the card, follow the activation instructions.
- Start using it locally: Use it for in-store purchases, online shopping, or ATM withdrawals.
What About Tourists and Expats?
Jaywan is mainly for residents, but discussions are ongoing to expand its use for tourists and short-term visitors. If implemented, this could offer tourists a convenient and low-cost way to make payments while visiting the UAE.
What’s Next for the Jaywan Card Scheme?
The launch of Jaywan is just the beginning. The Central Bank of the UAE has plans to:
- Expand partnerships with more banks
- Introduce new card types, such as prepaid or credit cards
- Integrate Jaywan with mobile payment apps
- Push acceptance at all major retailers and service providers
Eventually, Jaywan may be usable in other GCC countries as regional digital finance collaboration grows.
Is Jaywan Safe and Secure?
Yes, security is a top priority. Jaywan uses advanced encryption, EMV chip technology, and secure tokenization to protect users from fraud and theft. Because the system is controlled locally, there’s less exposure to international risks.
Also, since transaction data stays inside the country, there’s an added layer of data privacy and sovereignty.
What This Means for the UAE’s Economy
Jaywan reflects the UAE’s vision to become a regional fintech hub. By launching its own card payment system, the country is:
- Reducing reliance on international networks
- Boosting local businesses
- Increasing digital transaction transparency
- Empowering consumers and merchants
This move also aligns with other national initiatives like the Digital Dirham and federal digital identity programs.
Final Thoughts: Why Jaywan Matters to You
Jaywan is more than just a new card. It’s part of a wider effort to modernize the UAE’s financial system, improve payment security, and support economic self-reliance. Whether you’re a consumer or a business owner, Jaywan brings faster, safer, and more affordable ways to manage money within the country.
As adoption grows, Jaywan could become the go-to payment method for millions of people living and working in the UAE.
Read More: Dubai Press Club IMI Group Partnership Marks Media Breakthrough
