The Xpence card is issued by Mashreqbank PSC, pursuant to license by Visa. Visa is a registered trademark of Visa Inc . Nymcard Payment Services LLC is authorised by the Central Bank of The UAE, holding the Retail Payment Services and Card Schemes license in accordance with the Decretal Federal Law No. (14) of 2018 Regarding the Central Bank & Organization of Financial Institutions and Activities, and Regulatory Framework.