MA · Earnings call · 2026Q2T · Full report
Domestic Switching Expansion
Mastercard Inc · 2026-07-30 · Importance 31 · Surprise 42 · In source text
Mastercard is using a modular network architecture to provide switching technology for domestic payment infrastructures while gaining access to incremental transactions. In the United Arab Emirates, the Central Bank through Al Etihad Payments is partnering with Mastercard to build switching technology, with Mastercard serving as the international scheme for Jaywan Mastercard co-badged credit cards and providing fraud-prevention and cybersecurity services. Mastercard cited a similar South Africa real-time-payment-switch initiative and said the technology is being made available in Europe, where partnerships may support cards, wallets and other payment rails.
Key facts
- Mastercard is partnering with the Central Bank of the UAE through its subsidiary Al Etihad Payments to build the switching technology in the UAE and will serve as the prime international scheme for co-badged credit cards with the domestic scheme named Jaywan.
- As part of the UAE partnership, Mastercard will provide switching services behind domestic debit and Jaywan Mastercard co-badged credit transactions and will provide value-add services including fraud prevention and cybersecurity.
- Mastercard's switching penetration has steadily increased and is now reaching 72% (as stated by Michael Miebach).
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | — | Mastercard is partnering with the Central Bank of the UAE through its subsidiary Al Etihad Payments to build the switching technology in… |
| revenue | positive | probable | — | As part of the UAE partnership, Mastercard will provide switching services behind domestic debit and Jaywan Mastercard co-badged credit… |