In a significant development for the UAE’s financial sector, In-Solutions Global (ISG) has partnered with Bank of Baroda to officially launch the Jaywan Card, a new domestic card scheme tailored to meet the unique payment needs of the United Arab Emirates. This move aligns with the UAE’s growing push toward financial sovereignty, innovation, and digital payment expansion.
💳 What is the Jaywan Card?
Jaywan is a national payment card scheme, initiated under the UAE’s broader vision to establish a homegrown financial infrastructure. The card is designed to enhance financial inclusion, support local commerce, and reduce reliance on international card networks like Visa and Mastercard.
🤝 The Partnership: ISG x Bank of Baroda
In-Solutions Global, a fintech firm with a strong presence in India and the Middle East, provides the backend technology, security, and transaction processing for the Jaywan scheme. Their partnership with Bank of Baroda, one of India’s largest public sector banks with a long-standing presence in the UAE, signifies a powerful synergy of tech and trust.
The launch underscores the commitment of both players to:
- Strengthen local financial ecosystems
- Promote digital transactions over cash
- Offer cost-effective, secure payment solutions to residents and businesses
Why Jaywan Matters for the UAE
The Jaywan card supports the UAE’s efforts to build an independent, secure, and innovative digital payment network, which is critical in an era of rapidly evolving fintech and geopolitical uncertainty.
Benefits of the Jaywan card include:
- Lower transaction costs for merchants and banks
- Enhanced data privacy, as transaction data stays within national boundaries
- Greater financial inclusion, especially for underbanked residents
- Seamless integration with local ATMs, POS systems, and digital wallets
This initiative mirrors successful national card models like RuPay in India and MIR in Russia, which have significantly increased domestic transaction volumes while reducing foreign network dependency.
💬 Final Thoughts
The launch of Jaywan Cards is more than a financial product rollout — it’s a milestone in the UAE’s digital transformation journey. With strong partners like ISG and Bank of Baroda leading the charge, Jaywan is set to redefine how UAE residents transact, save, and spend.
