The Central Bank of the UAE has inaugurated Jaywan, the UAE’s first national card scheme, and announced the official start of nationwide issuance to consumers through banks, licensed financial institutions and exchange houses. The move puts a domestic card scheme into the market for everyday payments and cash access, with cards usable across point-of-sale terminals, e-commerce platforms, automated teller machines and digital wallets. Jaywan cards will support contactless payments, online purchases and cash withdrawals, and can also be used for domestic and international payment transactions in line with applicable rules and regulations. The scheme covers all card categories and will be accompanied by rewards and offers arranged with partners in travel, retail, hospitality and lifestyle. Rollout is being phased, with banks and licensed financial institutions commencing issuance over the coming months.