Stakeholders

The Central Bank of Jordan
The Central Bank of Jordan is the sole financial sector regulator and overseer in Jordan. As such, the CBJ represents a fundamental player in JoPACC's governance as a payment system operator. JoPACC maintains a close and productive relationship with the Central Bank to ensure coordination and collaboration on various issues, from the safety of the overall national payments system to financial inclusion.

The Commercial Banks of Jordan
Jordan's commercial banks possess the biggest market share of its overall financial sector. Furthermore, they represent the largest segment of financial institutions that participate in JoPACC's systems. JoPACC maintains a close professional relationship with all banks operating in Jordan and ensures their perspectives are represented in the design and operation of all payment systems affecting them.

Non-Bank Financial Institutions
Non-Bank Financial Institutions, which include Payment System Operators, Payment Service Providers, Microfinance Institutions, and Financial Technology companies, represent a critical enabler of Jordan's economic growth and development. This is especially the case since they focus on serving the unbanked and increasing financial inclusion. Therefore, JoPACC will continuously aim to cater for these institutions and foster their capability to innovate on top of its platforms.

The Jordanian Government
The Jordanian government has been at the forefront of championing digitalization across all sectors in Jordan. This renders them a vital stakeholder to assist JoPACC in integrating digital financial services across different sectors in Jordan, thereby enhancing digital liquidity for end-users everywhere.

Individuals and Businesses
Individuals and businesses lie at the core of JoPACC's strategy, outlook, and interventions. Consequently, they reside at the heart of JoPACC's governance. Although JoPACC does not directly deal with individuals and businesses, it engages in market research and interventions to better understand the needs of financial consumers and bridge the gap between the providers and the consumers.