Mawarid Finance PJSC introduces the Jaywan Monobaged Prepaid Card — a secure,
Shariah-compliant, and locally issued
prepaid solution under the Jaywan National Payment Network. The card reflects
Mawarid Finance’s continued commitment
to innovation, digital transformation, and support for the UAE’s national financial
infrastructure.
The Jaywan Monobaged Prepaid Card is a General Purpose Reloadable (GPR) card designed exclusively for UAE residents. Built on the Jaywan domestic payment network, it enables seamless digital transactions, promoting financial inclusion and convenience across the nation.
• Network: Jaywan – UAE Domestic
• Card Type: General Purpose Reloadable (Prepaid)
• Currency: AED
• Usability: POS, eCommerce, and ATM transactions within the UAE
• Form Factor: Physical and Virtual card options
• Reload Options: Bank Transfer, Mobile Wallet, Exchange House
• Eligibility: UAE Residents (18 years and above)
• Validity: 5 Years
• Nationally Accepted: Use the card across all Jaywan-enabled POS, eCommerce, and ATM networks.
•Reloadable Convenience: Top up anytime through approved channels.
• Enhanced Security: Fully compliant with UAE Central Bank standards and Shariah principles.
• Financial Inclusion Designed for residents, students, freelancers, and professionals.
• Digital Readiness Supports online payments, mobile transactions, and real-time expense tracking.
Powered by Arab Financial Services (AFS) and integrated with Mawarid Finance’s secure digital infrastructure, the Jaywan Monobaged Card offers real-time transaction control, robust KYC and AML compliance through Signzy and Cygnus systems, and full data protection under UAE-based hosting and cybersecurity protocols. All systems comply with the Central Bank of the UAE’s cybersecurity framework and data residency regulations, ensuring the highest levels of operational integrity and consumer trust.
The launch of the Jaywan Monobaged Prepaid Card aligns with Mawarid Finance’s strategy to strengthen its role as a key enabler in the UAE’s digital payment ecosystem. The product supports the national agenda of promoting cashless transactions, enhancing local payment sovereignty, and expanding financial access to all residents.
The Jaywan Monobaged Prepaid Card represents Phase 1 of Mawarid Finance’s prepaid portfolio strategy. Future enhancements will include: • Integration with lifestyle and loyalty platforms • Co-branded partnerships with corporate and government programs • Enablement for Apple Pay, Google Pay, and Samsung Pay