Latest news with #JoMoPay
Jordan News
3 days ago
- Business
- Jordan News
Digital Payments in Jordan: How to Stay Secure and Make the Most of Online Transactions - Jordan News
In recent years, Jordan has witnessed a rapid rise in the use of digital payment solutions. From mobile wallets to contactless bank cards, more Jordanians are paying for goods and services without touching cash. Whether it's settling a utility bill through an app, paying for groceries with a tap, or sending money to family members instantly, cashless transactions have become part of everyday life. اضافة اعلان However, with convenience comes responsibility. As digital payments grow, so do online scams, phishing attempts, and fraudulent activities targeting users unfamiliar with proper security measures. Understanding how to use these tools safely can make all the difference. 1. Know Your Payment Options Jordan offers a range of digital payment solutions: Mobile Wallets such as JoMoPay -linked apps allow users to send, receive, and store money securely on smartphones. Bank Apps provide direct access to accounts, bill payments, and transfers. E-commerce Platforms enable secure checkout with credit/debit cards or integrated wallet services. Before using a service, ensure it is licensed by the Central Bank of Jordan. 2. Watch Out for Scams Common tactics include fake SMS messages claiming to be from your bank, suspicious links sent via WhatsApp, and fraudulent online shopping pages. Always: Verify sender details before clicking links. Avoid entering sensitive information on unfamiliar websites. Contact your provider directly if something feels suspicious. 3. Strengthen Your Digital Hygiene Just like you wouldn't leave your wallet lying in a public place, treat your digital wallet with care: Enable two-factor authentication (2FA). Use strong, unique passwords . Update your apps regularly to patch security vulnerabilities. 4. Take Advantage of Features Many apps offer tools beyond simple transactions—spending trackers, budgeting tools, and instant currency conversion for travel. Familiarizing yourself with these features can help you save time and money. 5. The Future Is Cashless—But Stay Cautious The Central Bank and fintech companies are pushing for greater financial inclusion through cashless systems. While this opens new opportunities for Jordanians—especially in rural areas—users must remain alert to potential risks. A little digital awareness can go a long way toward making online payments not just convenient, but safe. 6. Protect Your Privacy While Shopping Online Online shopping has become a major driver of digital payments in Jordan, but it also exposes users to tracking, targeted ads, and potential data leaks. Using a VPN, can mask your location, secure your data, and help you safely access international e-commerce sites without compromising personal information. As Jordan moves toward a more connected financial future, the key is simple: embrace the technology, but protect yourself while doing so.
Jordan News
13-03-2025
- Business
- Jordan News
899 Million Jordanian Dinars in Transfers via E-Wallets Since the Beginning of This Year - Jordan News
Digital payments in Jordan through the "JoMoPay" instant digital payment system have reached 899.7 million Jordanian Dinars, with 12.29 million transactions recorded from the start of the year until the end of February. اضافة اعلان According to a report by the Jordanian Payment and Clearing Systems Company (JoPAC), the value of transfers sent from e-wallets decreased by 8%, recording 431 million Dinars in February, compared to 469 million Dinars in January. Money transfers account for 89.4% of transactions sent from e-wallets, with a total value of 385.2 million Dinars last month. This compares to 5.5% for withdrawals, 4% for deposits, and 1.1% for purchases. The number of e-wallet users in Jordan increased by 1.2%, reaching 2.58 million users, of whom 88.1% are Jordanians and 11.9% are non-Jordanians. The data indicates that 50.3% of e-wallet users are female, and 49.2% are male, with the age group of 18 to 30 years forming the majority of e-wallet users. JoMoPay is an electronic system that enables mobile payment services through e-wallets, where electronic wallets are registered on the system to facilitate the exchange of financial transactions between e-wallets, including transfers to and from bank accounts.
Ammon
13-03-2025
- Business
- Ammon
JD899mln in transfers via e-wallets in early 2025
Ammon News - Digital payments in the Kingdom via the instant digital payment system "JoMoPay" from the start of 2025 until the end of February reached JD899.7 million, with 12.29 million transactions. The value of transfers issued from e-wallets decreased by 8% to JD431 million during February, compared to JD469 million in January, according to a report by the Jordan Payments and Clearing Systems Company (JoPACC). Money transfers accounted for 89.4% of outgoing remittances from e-wallets, reaching a value of JD385.2 million in February, compared to 5.5% for withdrawals, 4% for deposits, and 1.1% for purchases. The number of e-wallet users in Jordan increased by 1.2% to reach 2.58 million users, 88.1% of whom were Jordanians and 11.9% non-Jordanians. Data indicates that 50.3% of e-wallet users are female, and 49.2% are male, with the 18- to 30-year-old age group constituting the majority of e-wallet users. 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.
