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Jordan Payments & Clearing Company (JoPACC) announces new website launch

Amman, Jordan – Dec. 20, 2018 /JoPACC/ -- Jordan Payments & Clearing Company (JoPACC), which owns and manages national micro and retail Digital Payments systems in the Hashemite Kingdom of Jordan, announced today the launch of its new website. The website offers quick and easy access to essential information and features and offers a more comprehensive understanding of JoPACC’s corporate structure, establishment history, strategic purposes and objectives, and systems overview. The website also has a News & Events section that will cover all recent stories and events by JoPACC.

The website has a clean uncluttered design, improved functionality and enhanced rich content focused on JoPACC’s vision to promote digital payments as a major driver of digital financial inclusion and digital economy in Jordan. The website has been officially launched today, Thursday, December 20th, 2018 and is accessible through the address: http://www.jopacc.com.

“We are excited about the launch of our new website and the robust information it provides for all stakeholders and external media outlets to better understand JoPACC and its mission to ensure that the digital payments in Jordan are safe, efficient, interoperable, accessible, and up to international standards.” Said Maha Bahou, JoPACC Chief Executive Officer. Ms. Bahou also added that “We [JoPACC] believe this website will allow our visitors to have a very informative experience as we continue our journey towards the digitization of Jordan’s payments ecosystem.”

JoPACC’s website will be updated on a regular basis with internal news and events and external relevant stories, it will also include an Information Center where tutorials on how to use different payments systems will be added, and many other benefits to the visitor. Visitors are encouraged to explore the website and get in touch with us through our landline at: +962 6 461 1888, or send us an email at: info@jopacc.com.

 

About Jordan Payments & Clearing Company (JoPACC)

JoPACC was formally established in 2017, by advice of the World Bank to the Central Bank of Jordan to upgrade the legal framework around the management and operations of the payment systems to enhance the governance, and to segregate between the operations and the oversight in order to position itself in the payments value chain as a regulator and overseer, as well as a facilitator and catalyst of change. Their [The World Bank] recommendations also covered the role of the National Payments Council as only an advisory and consultative body; while the operations and developments of the payment systems to be migrated to an autonomous entity that consisted of the CBJ and banks while allowing for future non-banks membership and shareholding when the CBJ decides to divest its share and exit the market.

The main objectives of the company are to establish and develop digital retail and micro payments, as well as the investment in the innovative technology and digital financial services.