Central Bank Launches 'Barwa' Identity for Local Payment Card
The Central Bank of Kuwait announced the launch of the 'Barwa' identity for the local payment card as part of the national payments system.
Translated by Qiyas from السياسة — Original source
- Operating within the national payments system under its supervision
The Central Bank of Kuwait announced the launch of “Barwa,” an identity for the local payment card, which will operate within the national payments system under the supervision of the central bank, in a move aimed at establishing the identity of local payments.
The bank clarified via its account on the “X” platform that the name “Barwa” is derived from Kuwaiti heritage, as it is associated with proof of ownership and the preservation of rights, noting that it drew inspiration from this legacy to shape the identity of the local payment card in the State of Kuwait.
It emphasized that “Barwa” represents a legacy of trust extending into the future.