Latest news with #Jaywan-Mastercard
Al Etihad
13-03-2025
- Business
- Al Etihad
Al Etihad Payments, Mastercard collaborate to launch ‘Jaywan - Mastercard'
13 Mar 2025 17:53 ABU DHABI (WAM) Al Etihad Payments (AEP), a wholly owned subsidiary of the Central Bank of the UAE (CBUAE), which operates the UAE's national card switch (UAESWITCH) and manages domestic card scheme 'Jaywan', and Mastercard have announced a strategic collaboration to launch 'Jaywan - Mastercard' co-badged debit and prepaid cards in the debit and prepaid cards will enable cardholders to carry out secure, simpler, smarter and more accessible payment transactions, including e-commerce transactions, setting a new benchmark in the UAE's payment landscape by combining innovative products and value-added providing customers with access to such a wide range of domestic and international financial services through Mastercard and AEP's respective networks, this new collaboration will add unparalleled value and offer customers greater convenience, enhanced security and a more seamless payment and Mastercard will work closely together in cooperation with all market players to deliver flexible solutions that meet the evolving needs of the UAE's advanced payment ecosystem and boost user Humaid Aldhaheri, CBUAE's Assistant Governor for Banking Operations and Support Services, Chairman of Al Etihad Payments, said, 'We are pleased to announce our collaboration with Mastercard in our endeavor to pioneer the new generation of digital payments in the UAE. The introduction of the Jaywan-Mastercard debit and prepaid cards is a significant step towards realising our vision of a more inclusive and innovative financial landscape. By leveraging advanced technology through such partnership, we aim to offer our citizens and residents more convenience, security, and access to a global network of financial services. This collaboration not only enhances the payment experience but also supports the UAE's broader economic growth and digital transformation goals." Division President, East Arabia, Mastercard, J.K. Khalil, added, 'At Mastercard, we are committed to driving financial inclusion and providing digital solutions that help customers make seamless and secure transactions in the UAE and beyond. Our commitment to the UAE is embedded in our strategic engagements at federal and local levels. We are proud to collaborate with AEP to facilitate access to financial services and empower more people to reap the benefits of the digital economy."
Arabian Business
13-03-2025
- Business
- Arabian Business
Al Etihad Payments, Mastercard launch Jaywan co-badged cebit and prepaid cards in UAE
Al Etihad Payments (AEP), a wholly owned subsidiary of the UAE central bank, and Mastercard announced a strategic collaboration to launch 'Jaywan-Mastercard' co-badged debit and prepaid cards in the UAE. Jaywan-Mastercard debit and prepaid cards will enable cardholders to carry out secure, simpler, smarter and more accessible payment transactions, including e-commerce transactions. Jaywan cards transform payments Al Etihad Payments operates the UAE's national card switch (UAESWITCH) and manages the domestic card scheme ' Jaywan '. The partnership is expected to set a new benchmark in the UAE's payment landscape by combining innovative products and value-added services. In providing customers with access to such a wide range of domestic and international financial services through Mastercard and Al Etihad Payments's respective networks, the collaboration will add unparalleled value and offer customers greater convenience, enhanced security and a more seamless payment experience. Al Etihad Payments and Mastercard will work closely together in cooperation with all market players to deliver flexible solutions that meet the evolving needs of the UAE's advanced payment ecosystem and boost user experience. Saif Humaid Aldhaheri, the CBUAE's Assistant Governor for Banking Operations and Support Services, Chairman of Al Etihad Payments, said the introduction of the Jaywan-Mastercard debit and prepaid cards is a significant step towards realising the company's vision of a more inclusive and innovative financial landscape. 'This collaboration not only enhances the payment experience but also supports the UAE's broader economic growth and digital transformation goals,' he said. J.K. Khalil, Division President, East Arabia, Mastercard, said the company's commitment to the UAE is embedded in its strategic engagements at federal and local levels. 'We are proud to collaborate with Al Etihad Payments to facilitate access to financial services and empower more people to reap the benefits of the digital economy,' he said.
Al Bawaba
13-03-2025
- Business
- Al Bawaba
Al Etihad Payments and Mastercard collaborate to launch 'Jaywan - Mastercard' debit and prepaid cards in the UAE
Al Etihad Payments (AEP), a wholly owned subsidiary of the Central Bank of the UAE (CBUAE), which operates the UAE's national card switch (UAESWITCH) and manages domestic card scheme 'Jaywan', and Mastercard have announced a strategic collaboration to launch 'Jaywan - Mastercard' co-badged debit and prepaid cards in the UAE. Jaywan-Mastercard debit and prepaid cards will enable cardholders to carry out secure, simpler, smarter and more accessible payment transactions, including e-commerce transactions, setting a new benchmark in the UAE's payment landscape by combining innovative products and value-added services. In providing customers with access to such a wide range of domestic and international financial services through Mastercard and AEP's respective networks, this new collaboration will add unparalleled value and offer customers greater convenience, enhanced security and a more seamless payment experience. AEP and Mastercard will work closely together in cooperation with all market players to deliver flexible solutions that meet the evolving needs of the UAE's advanced payment ecosystem and boost user experience. 'We are pleased to announce our collaboration with Mastercard in our endeavor to pioneer the new generation of digital payments in the UAE. The introduction of the Jaywan-Mastercard debit and prepaid cards is a significant step towards realizing our vision of a more inclusive and innovative financial landscape. By leveraging advanced technology through such partnership, we aim to offer our citizens and residents more convenience, security, and access to a global network of financial services. This collaboration not only enhances the payment experience but also supports the UAE's broader economic growth and digital transformation goals.' said H.E Saif Humaid Aldhaheri, the CBUAE's Assistant Governor for Banking Operations and Support Services, Chairman of Al Etihad Payments. 'At Mastercard, we are committed to driving financial inclusion and providing digital solutions that help customers make seamless and secure transactions in the UAE and beyond. Our commitment to the UAE is embedded in our strategic engagements at federal and local levels. We are proud to collaborate with AEP to facilitate access to financial services and empower more people to reap the benefits of the digital economy,' said J.K. Khalil, Division President, East Arabia, Mastercard.
Gulf Today
12-03-2025
- Business
- Gulf Today
Deal signed to carry out smarter payment transactions in the UAE
Al Etihad Payments (AEP), a wholly owned subsidiary of the Central Bank of the UAE (CBUAE), which operates the UAE's national card switch (UAESWITCH) and manages domestic card scheme 'Jaywan', and Mastercard have announced a strategic collaboration to launch 'Jaywan - Mastercard' co-badged debit and prepaid cards in the UAE. Jaywan-Mastercard debit and prepaid cards will enable cardholders to carry out secure, simpler, smarter and more accessible payment transactions, including e-commerce transactions, setting a new benchmark in the UAE's payment landscape by combining innovative products and value-added services. In providing customers with access to such a wide range of domestic and international financial services through Mastercard and AEP's respective networks, this new collaboration will add unparalleled value and offer customers greater convenience, enhanced security and a more seamless payment experience. AEP and Mastercard will work closely together in cooperation with all market players to deliver flexible solutions that meet the evolving needs of the UAE's advanced payment ecosystem and boost user experience. 'We are pleased to announce our collaboration with Mastercard in our endeavour to pioneer the new generation of digital payments in the UAE. The introduction of the Jaywan-Mastercard debit and prepaid cards is a significant step towards realizing our vision of a more inclusive and innovative financial landscape. By leveraging advanced technology through such partnership, we aim to offer our citizens and residents more convenience, security, and access to a global network of financial services. This collaboration not only enhances the payment experience but also supports the UAE's broader economic growth and digital transformation goals.' said H.E Saif Humaid Aldhaheri, the CBUAE's Assistant Governor for Banking Operations and Support Services, Chairman of Al Etihad Payments. 'At Mastercard, we are committed to driving financial inclusion and providing digital solutions that help customers make seamless and secure transactions in the UAE and beyond. Our commitment to the UAE is embedded in our strategic engagements at federal and local levels. We are proud to collaborate with AEP to facilitate access to financial services and empower more people to reap the benefits of the digital economy,' said J.K. Khalil, Division President, East Arabia, Mastercard.
Mid East Info
12-03-2025
- Business
- Mid East Info
Al Etihad Payments and Mastercard collaborate to launch 'Jaywan – Mastercard' debit and prepaid cards in the UAE
Al Etihad Payments (AEP), a wholly owned subsidiary of the Central Bank of the UAE (CBUAE), which operates the UAE's national card switch (UAESWITCH) and manages domestic card scheme 'Jaywan', and Mastercard have announced a strategic collaboration to launch 'Jaywan – Mastercard' co-badged debit and prepaid cards in the UAE. Jaywan-Mastercard debit and prepaid cards will enable cardholders to carry out secure, simpler, smarter and more accessible payment transactions, including e-commerce transactions, setting a new benchmark in the UAE's payment landscape by combining innovative products and value-added services. In providing customers with access to such a wide range of domestic and international financial services through Mastercard and AEP's respective networks, this new collaboration will add unparalleled value and offer customers greater convenience, enhanced security and a more seamless payment experience. AEP and Mastercard will work closely together in cooperation with all market players to deliver flexible solutions that meet the evolving needs of the UAE's advanced payment ecosystem and boost user experience. 'We are pleased to announce our collaboration with Mastercard in our endeavor to pioneer the new generation of digital payments in the UAE. The introduction of the Jaywan-Mastercard debit and prepaid cards is a significant step towards realizing our vision of a more inclusive and innovative financial landscape. By leveraging advanced technology through such partnership, we aim to offer our citizens and residents more convenience, security, and access to a global network of financial services. This collaboration not only enhances the payment experience but also supports the UAE's broader economic growth and digital transformation goals.' said H.E Saif Humaid Aldhaheri, the CBUAE's Assistant Governor for Banking Operations and Support Services, Chairman of Al Etihad Payments . 'At Mastercard, we are committed to driving financial inclusion and providing digital solutions that help customers make seamless and secure transactions in the UAE and beyond. Our commitment to the UAE is embedded in our strategic engagements at federal and local levels. We are proud to collaborate with AEP to facilitate access to financial services and empower more people to reap the benefits of the digital economy,' said J.K. Khalil, Division President, East Arabia, Mastercard.
