Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE, has partnered with Mastercard to launch "Jaywan - Mastercard" co-badged debit and prepaid cards. The new cards will enhance digital payments in the UAE by offering secure and seamless transactions, including e-commerce
The signing ceremony was attended by Khaled Mohamed Balama, Governor of the CBUAE, which was signed by Fatma Al Jabri, Assistant Governor for Financial Crime, Market Conduct and Consumer Protection at the CBUAE and member of Al Etihad Payments Company, and Kiril Evtimov, Chief Executive Offi
In an exclusive interview with ANI in Abu Dhabi, Piyush Goyal said, "...While at one point in time, we would say the sky is the limit, I can say now even the moon is not the limit."
This MoU will facilitate the users of both countries, which would be as seamless as a domestic transaction using a beneficiary identifier (mobile number / VPA).