The signing ceremony took place at UnionPay International’s headquarters in Shanghai, where Saif Humaid Al Dhaheri, Chairman of Al Etihad Payments, and Dong Junfeng, Chairman of China UnionPay and UnionPay International, signed the MoU. Under the MoU, UnionPay will route "Jaywan" card transactions conducted outside the UAE to the UAE National Switch, operated by Al Etihad Payments. This collaboration also expands opportunities for the international use of "Jaywan" cards, strengthening the scheme’s position among global payment schemes. This collaboration builds on the existing partnership between Al Etihad Payments and UnionPay for the issuance of co-badged "Jaywan–UnionPay" cards by financial institutions in the UAE. Under this arrangement, domestic transactions are processed via the "Jaywan" scheme, while international transactions are processed through the UnionPay International network.