What is JoMoPay?

JoMoPay is an electronic system that provides instant mobile payment services, where mobile wallets are registered on the system for the purpose of exchanging financial transactions between mobile wallets and to and from bank accounts. The JoMoPay system was officially launched in 2014 as a result of radical changes that occurred in mobile payment services in terms of storing small financial values ​​and transferring them to others to meet their financial needs. Participants who maintain an ongoing relationship with their clients and are deposit takers are allowed to directly connect to the system: banks, mobile payment services providers, and merchant acquirers.

In December 2021, JoMoPay was upgraded to the  ISO 20022 financial messaging standard. Through this upgrade, instant transactions between JoMoPay and JoPACC’s instant payment system, CliQ, which adopts the same ISO 20022 standard, have become possible. In other words, clients of all mobile wallet providers in Jordan and all participating banks on CliQ can make instant transfers among each other in an interoperable manner.