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Jaywan: New UAE-India payment card explained
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Dilip Jain, a finance expert joins TSB to explain the new payment card - 'Jaywan'. The card was launched during Indian Prime Minister Narendra Modi's visit to the UAE on Tuesday. Jaywan is built on India’s digital RuPay credit and debit card stack for the UAE market.
The two countries also agreed to link their instant payment platforms – India’s UPI and UAE’s AANI – as this will promote a wider acceptance of credit and debit RuPay cards in the country.
“We are stepping into a new FinTech era with the launch of my UPI RuPay card and your Jaywan card,” Modi said after the launch in Abu Dhabi on Tuesday.
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