Abdulaziz Al Ghurair, Chairman of the United Arab Emirates Banks Federation (UBF), announced that Jaywan is ready to provide savings to companies and retailers.
According to Amac News: During his speech at the meeting of the Federation of Emirates Banks held at Mashreq Bank in Dubai, Al Ghurair explained the efficiency of Jaywan's expenses and said that Jaywan is ready to save 1 billion dirhams.
He emphasized that the new Jaywan card will be recognized throughout the Gulf Cooperation Council (GCC) region and many other countries through bilateral agreements.
The head of the United Arab Emirates Banks Federation noted that banks are not able to replace more than 10 million cards at the same time.