Future in Every Transaction: Ajman’s Smart Payment Revolution

A Leap into Tomorrow  

In the bustling heart of **Ajman, UAE**, the Department of Finance has taken a bold stride toward reinventing how the Emirate handles financial transactions. During its participation in **GITEX Global 2025**, under the prestigious Ajman Government platform, the Department unveiled a sophisticated suite of smart payment services designed to transform the customer experience and strengthen Ajman’s smart payment ecosystem.  

With the presence of His Excellency Marwan Al Ali, Director General of the Department of Finance, the atmosphere was filled with anticipation and pride. Among the key highlights was the seamless integration of 'Jaywan' — the nation’s first payment card by the Central Bank of the UAE — into the ‘AjmanPay’ platform, made possible through fruitful cooperation with First Abu Dhabi Bank – Magnati. This integration ensures that every transaction carries the marks of security, speed, and innovation, empowering both residents and businesses with greater flexibility.  

Innovation that Puts People First  

Transitioning from concept to reality, the Department introduced the **'Get it done now and pay later'** feature, enabling customers to split transactions into interest-free monthly installments or defer payments for a limited period. This is not just about technology; it is about accessibility, convenience, and easing financial commitments for all segments of society.  

Moreover, as part of a comprehensive strategy aligned with **Ajman Vision 2030**, these services symbolize a deeper commitment to financial sustainability, public-private synergy, and the vision of a cashless future for the Emirate. At GITEX Global 2025, the Department also showcased the revolutionary 'Estidama System' — a unified, cloud-based financial management platform that enhances governance, transparency, and efficiency across all governmental budgeting cycles.  

These initiatives reflect not just progress, but purpose. They are proof that Ajman is not merely embracing change, but leading it. By blending advanced technologies, artificial intelligence, and data-driven frameworks, the Department of Finance is crafting a digital financial ecosystem that ensures every dirham flows with precision, security, and vision.  

From the enhanced capabilities of 'Jaywan' to the creation of lasting flexibility through 'AjmanPay,' Ajman’s journey into the future of payments is both inspiring and practical. The Department’s efforts are setting a benchmark for the **UAE**, reinforcing the Emirate’s position as a leader in digital financial innovation.  

In a world where speed, safety, and convenience are paramount, Ajman is proving that every transaction can be a step forward into the future. 

Unveiling the Future of Payments: The Strategic Partnership Between Al Etihad Payments and UnionPay International

In an era where the world is witnessing a rapid transformation in payment systems, the collaboration between Al Etihad Payments (AEP), a subsidiary of the Central Bank of the United Arab Emirates (CBUAE), and UnionPay International (UPI), a global leader in payment solutions, marks a significant milestone. This partnership, celebrated at UnionPay International's headquarters in Shanghai, represents a monumental leap towards enhancing the UAE's payment landscape. With the signing ceremony graced by esteemed figures such as H.E. Saif Al Dhaheri, the CBUAE's Assistant Governor for Banking Operations and Support Services, and Mr. Larry Wang, CEO of UPI, this collaboration is set to redefine the future of payments in the UAE.

The Strategic Alliance: A New Horizon in Payment Solutions

A Transformative Milestone

The strategic agreement between AEP and UPI introduces the "UnionPay – Jaywan" co-badge cards to the UAE market, marking a transformative milestone in the evolving payment landscape. This alliance signifies a commitment to providing innovative, efficient, and secure payment solutions that align with the UAE's vision of a robust and inclusive payment ecosystem. The co-badge cards will feature both the Jaywan and UnionPay logos, operating seamlessly within the UAE through Jaywan's domestic payment network. Internationally, cardholders will benefit from UnionPay's extensive network, facilitating effortless transactions across more than 180 countries and regions.

Enhancing Consumer Experience

H.E Saif Humaid Aldhaheri emphasized that this collaboration aligns with their commitment to innovation and efficiency in payment solutions. By integrating Jaywan and UnionPay networks, consumers are offered a premium card solution that ensures seamless transactions within and beyond the UAE. The strategic partnership is not only a testament to the UAE’s ambition to modernize its payments infrastructure but also a step towards enhancing financial inclusion and providing a secure and efficient payment alternative.

The Vision and Commitment: Strengthening Economic Ties

A Shared Commitment to Innovation

The partnership between AEP and UPI underscores a shared commitment to advancing digital payments and financial connectivity in the region. Larry Wang, CEO of UnionPay International, expressed delight in partnering with Al Etihad Payments to support the UAE's vision. This co-badge agreement enhances the convenience and security of payments for UAE residents, ensuring a seamless domestic and international payment experience. Moreover, it represents a strong commitment to fostering greater economic and financial collaboration between China and the UAE, highlighting the deep-rooted friendship between the two nations.

Financial Inclusion and Modernization

The introduction of co-badge cards is expected to enhance financial inclusion, providing a secure and efficient payment alternative to traditional banking methods. This initiative supports the UAE's ambition to modernize its payments infrastructure, setting a precedent for other regions to follow. By reinforcing AEP's leadership in developing national payment systems, the partnership further strengthens UnionPay's presence in the Middle East, paving the way for future collaborations and innovations in the financial sector.

The Future of Payments: A New Era of Financial Connectivity

Widespread Availability and Adoption

The first batch of co-badge cards is set to be issued in the near future, with widespread availability across the UAE's financial institutions. This development is anticipated to revolutionize the payment experience for consumers, offering a seamless blend of domestic and international transaction capabilities. As the UAE continues to embrace digital transformation, the adoption of such innovative solutions will be integral to maintaining its status as a leader in the global financial landscape.

A Gateway to Global Opportunities

The strategic partnership between AEP and UPI serves as a gateway to global opportunities, enabling greater financial connectivity and economic collaboration. By leveraging UnionPay's extensive network and expertise in payment solutions, the UAE is poised to become a hub for financial innovation and growth. This alliance not only benefits UAE residents but also positions the country as a key player in the global financial ecosystem, fostering an environment conducive to economic prosperity and development.

A Bright Future Ahead

The partnership between Al Etihad Payments and UnionPay International heralds a new era in the UAE's payment landscape. With a focus on innovation, efficiency, and security, the introduction of "UnionPay – Jaywan" co-badge cards is set to redefine the payment experience for consumers, enhancing financial inclusion and modernizing the nation's payments infrastructure. As the first batch of co-badge cards prepares for release, the UAE stands on the brink of a bright future, ready to embrace the opportunities and challenges of a rapidly evolving financial world. This collaboration not only strengthens the ties between China and the UAE but also sets a benchmark for future innovations and partnerships in the global financial sector.