Electronic payments see surge in Jordan after pandemic

Electronic payments see surge in Jordan after pandemic

AMMAN: In 2022, Jordan saw over 78 million electronic payment transactions, according to a recent report by the Jordan Payments and Clearing Company (JOPACC).

The report, which touched on the rapid penetration of digital payments in Jordan, also reflected on the performance of the systems operated by JOPACC, including the Electronic Cheque Clearing Unit (ECCU), the Automated Clearing House System (ACH), eFAWATEERcom, CliQ and JoMoPay.

The report also showed that the ECCU experienced a growth of up to 8.4 per cent in the value of cleared cheques. It also noted that the number of people in Jordan using eFAWATEERcom reached 3.606 million by the end of 2022. This electronic service is mostly used to pay for utility fees, various government services and telecommunication bills, the report added.

The February 2023 edition of the Payment Systems Monthly Report indicated that the number of CliQ customers reached 634,000 in February, the number of transactions amounted to 1.35 million, which were worth JD234 million.

Significant increases in the number of CliQ users were also recorded, indicating a deeper level of digital engagement, according to JOPACC.

Launched by JOPACC in June 2020, CliQ is a payment system that allows users to instantly send and receive money to and from