Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE, was established in 2023 as the national payments entity. Headquartered in Abu Dhabi, the company operates in the financial services industry and currently employs 501-1,000 employees with revenue of $45.7 million.
AEP develops and operates key financial market infrastructure including the Aani instant payments platform, launched in October 2023, and the Jaywan domestic card scheme. The company also manages UAESWITCH for ATM and POS transactions and provides the instant payment platform Aani and the Domestic Card Scheme Jaywan designed to foster a more inclusive financial ecosystem.
Recent Leadership News
Jan Pilbauer transitioned from CEO of Al Etihad Payments to CEO of Revolut Canada in October 2025. In 2026, Al Etihad Payments signed co-badging agreements with Mastercard (July 21) and UnionPay International (August 11) to enable global acceptance of Jaywan cards.
Facts compiled by Executive Moves from publicly available news and press releases on 3 November 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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