In a move set to enhance the UAE’s domestic payment infrastructure, In-Solutions Global (ISG), backed by JP Morgan, has partnered with Bank of Baroda UAE to introduce Jaywan Cards. The new cards aim to reduce transaction costs and expand merchant acceptance across the country.
This collaboration enables Bank of Baroda UAE to offer customers lower fees, better transaction controls, and a fully digital platform for payments and reporting. The initiative also supports wider merchant adoption by making payment processing more affordable and transparent.
Supporting Local Payment Infrastructure
ISG’s goal is to help banks across the region adopt scalable and secure payment solutions. Through this launch, it is strengthening the shift toward fully localised card systems that reduce dependence on global payment networks.
Praveen Balusu, Senior Vice President – Product & Delivery at ISG, said, “By enabling end-to-end Jaywan card issuance, we’re helping regional banks adopt a fully localised payment system that is both efficient and scalable.”
He added that Jaywan’s upcoming compatibility with India’s RuPay network will allow for seamless cross-border payments. This development is expected to benefit both businesses and individuals by improving financial connectivity between the UAE and India.
Driving Innovation and Efficiency
ISG already works with several leading banks in the UAE and Saudi Arabia. It delivers settlement and reconciliation services that are fast, secure, and reliable. Its expertise ensures smooth Jaywan implementation for institutions like Bank of Baroda UAE.
The Jaywan Card Scheme, governed by Al Etihad Payments, follows strict regulatory and security standards. Recent global co-badging deals with major networks further boost Jaywan’s reach and functionality.
With this partnership, ISG and Bank of Baroda are reshaping domestic payments in the UAE. Their joint effort promises a future of more accessible, efficient, and affordable financial services for residents and businesses alike.
