UAE's Jaywan card explained: Benefits, banks, travel perks and how to apply

The UAE has introduced the Jaywan domestic card scheme, operated by Al Etihad Payments, to streamline local transactions and enhance the national payment infrastructure. While primarily aimed at residents, the scheme has significant implications for B2B industrial procurement and the management of local supply chain payments within the Emirates.

For procurement professionals, the adoption of Jaywan offers a more efficient channel for settling local vendor invoices and managing operational expenditures. By reducing reliance on international payment networks for domestic trade, industrial buyers can benefit from lower transaction fees and faster settlement times with local equipment distributors and service providers, improving overall working capital management.