Palestine Monetary Authority (PMA) Visit

JoPACC hosted a delegation from the Palestine Monetary Authority (PMA) on Tuesday the 6^th of July 2021 to discuss JoPACC’s operation and management of retail payment systems. During the session, JoPACC held a presentation covering various topics, including JoPACC’s establishment, governance, strategy, infrastructure, and planned future developments.

The presentation detailed JoPACC’s journey so far and lessons learned in developing the digital financial infrastructure towards an inclusive and competitive Jordanian economy. It emphasized the importance of payment system governance, the collaboration between different sector players, and the current payment systems owned and operated by JoPACC. The PMA expressed interest in JoPACC’s role as a private sector entity operating retail payment systems, instant payment solutions, and JoPACC’s efforts in increasing financial literacy.

JoPACC values collaboration and knowledge exchange between different institutions locally, regionally, and internationally. The session represents one such instance of knowledge dissemination. JoPACC looks forward to more sessions such as this and to promote the Jordanian experience towards a digital economy.