Latest news with #JoPACC
Zawya
14-05-2025
- Business
- Zawya
Jordan: CliQ transactions dip, eFAWATEERcom sees 'strong' growth in April
AMMAN — The value of e-payment transactions through the CliQ system fell to JD1.48 billion in April, down by 5.1 per cent from JD1.56 billion in March, according to data issued on Tuesday by the Jordan Payments and Clearing Company (JoPACC). Figures cited by Al Mamlaka TV showed that around 11.52 million transactions were processed through CliQ in April, down 4.9 per cent from 12.11 million transactions in March. The total number of transactions through CliQ reached 43.85 million in the January-April period of 2025, with a cumulative value of JD5.6 billion. The user base continued to grow, with the number of CliQ users rising to 1.81 million in April, marking an increase of 2 per cent over the previous month. According to the data, 96.2 per cent of users are Jordanians with a total of 1.7 million, while non-Jordanian users make up 3.8 per cent with a total of 68,300. The majority of users are 62.1 per cent for men, compared with 37.9 per cent for women, and the most active demographic group is young people aged between 18 and 30. In terms of transaction types, money transfers accounted for 84.9 per cent of all the CliQ transactions, while purchases accounted for 15.1 per cent. CliQ is Jordan's newest instant payment system, launched by the JoPACC in 2020. It enables real-time money transfers between bank accounts in all participating banks and financial institutions in the Kingdom. Meanwhile, the e-payment system eFAWATEERcom recorded a 'significant' increase in the number and value of transactions in April 2025, according to the monthly report issued by the JoPACC. The number of transactions processed through the system reached 6.54 million in April, recording an increase of 18.9 per cent, compared with March that saw the total value of these transactions rising to JD1.57 billion, recording an increase of 38.2 per cent from JD1.13 billion in the previous month. From the beginning of the year to April, eFAWATEERcom processed 23.62 million transactions with a total value of JD5.24 billion. The report revealed that the platform had 4.68 million users in April, up from 4.65 million in March and 4.62 million in February, showing an increase of 0.7 per cent. Of the total users, 34,200 were new in April. The number of transactions increased from 5.5 million in March to 6.54 million in April according to the report. The report added that the highest activity came from the telecommunications sector with 2.215 million transactions, followed by water and electricity, government services, e-wallet and payment service providers, financial services, education, transport and travel, unions and organisations, trade and services, and gas and energy. Digital payments accounted for 5.38 million transactions in April, representing 82 per cent, while 1.16 million were cash payments at 17.7 per cent. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
Jordan Times
13-05-2025
- Business
- Jordan Times
CliQ transactions dip, eFAWATEERcom sees 'strong' growth in April
The Jordan Payments and Clearing Company says that the value of e-payment transactions through the CliQ system fell to JD1.48 billion in April, down by 5.1 per cent from JD1.56 billion in March (File photo) AMMAN — The value of e-payment transactions through the CliQ system fell to JD1.48 billion in April, down by 5.1 per cent from JD1.56 billion in March, according to data issued on Tuesday by the Jordan Payments and Clearing Company (JoPACC). Figures cited by Al Mamlaka TV showed that around 11.52 million transactions were processed through CliQ in April, down 4.9 per cent from 12.11 million transactions in March. The total number of transactions through CliQ reached 43.85 million in the January-April period of 2025, with a cumulative value of JD5.6 billion. The user base continued to grow, with the number of CliQ users rising to 1.81 million in April, marking an increase of 2 per cent over the previous month. According to the data, 96.2 per cent of users are Jordanians with a total of 1.7 million, while non-Jordanian users make up 3.8 per cent with a total of 68,300. The majority of users are 62.1 per cent for men, compared with 37.9 per cent for women, and the most active demographic group is young people aged between 18 and 30. In terms of transaction types, money transfers accounted for 84.9 per cent of all the CliQ transactions, while purchases accounted for 15.1 per cent. CliQ is Jordan's newest instant payment system, launched by the JoPACC in 2020. It enables real-time money transfers between bank accounts in all participating banks and financial institutions in the Kingdom. Meanwhile, the e-payment system eFAWATEERcom recorded a 'significant' increase in the number and value of transactions in April 2025, according to the monthly report issued by the JoPACC. The number of transactions processed through the system reached 6.54 million in April, recording an increase of 18.9 per cent, compared with March that saw the total value of these transactions rising to JD1.57 billion, recording an increase of 38.2 per cent from JD1.13 billion in the previous month. From the beginning of the year to April, eFAWATEERcom processed 23.62 million transactions with a total value of JD5.24 billion. The report revealed that the platform had 4.68 million users in April, up from 4.65 million in March and 4.62 million in February, showing an increase of 0.7 per cent. Of the total users, 34,200 were new in April. The number of transactions increased from 5.5 million in March to 6.54 million in April according to the report. The report added that the highest activity came from the telecommunications sector with 2.215 million transactions, followed by water and electricity, government services, e-wallet and payment service providers, financial services, education, transport and travel, unions and organisations, trade and services, and gas and energy. Digital payments accounted for 5.38 million transactions in April, representing 82 per cent, while 1.16 million were cash payments at 17.7 per cent.
Zawya
14-03-2025
- Business
- Zawya
Jordan: $3.6bln in money transfers via 'CliQ' in first 2 months of 2025
AMMAN: The number of transactions executed through the instant payment system (CliQ) from the beginning of the year up until the end of February reached 20.22 million transactions, with a total value of JD2.61 billion, according to data from the Jordan Payment and Clearing Systems Company (JoPACC). The value of electronic payment transactions via CliQ decreased to JD1.28 billion during February, a drop of 4.3 per cent compared to January, where the value stood at JD1.33 billion. Data reviewed by Al-Mamlaka TV revealed that 9.9 million transactions were executed in February, marking a 4 per cent decrease compared to 10.32 million transactions in January. As for the user base, the number of CliQ users in Jordan rose to 1.74 million, an increase of 2 per cent in February alone. According to the statistics, 96.3 per cent of platform users are of Jordanian nationality, with Jordanians comprising 1.6 million users, while users from other nationalities totalled 65,000, making up 3.7 per cent. The data also revealed that the largest proportion of CliQ users in Jordan are males, accounting for 62.2 per cent, compared to nearly 35 per cent of female users, with the age group of 18 to 30 being the most active and frequent users of the service. In terms of the nature of transactions, money transfers made up 85.3 per cent of the total transactions carried out via CliQ, while purchases via CliQ accounted for 14.7 per cent. CliQ is the latest instant payment system in Jordan, launched by JoPACC in 2020. The system enables the sending and receiving of money between bank accounts in all participating banks, as well as to and from e-wallets in Jordan, in real-time. These results reflect "significant" progress in the e-payment sector in Jordan, reinforcing the position of digital services as a secure and effective alternative to traditional transactions, and confirming the shift towards an advanced digital economy that keeps pace with global technological developments. The total number of transactions executed through the CliQ instant payment system last year amounted to 83.9 million transactions, with a value of JD12.1 billion. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
Jordan Times
13-03-2025
- Business
- Jordan Times
JD2.6b in money transfers via 'CliQ' in first 2 months of 2025
The value of electronic payment transactions via CliQ decreases to JD1.28 billion during February, a drop of 4.3 per cent compared to January, where the value stood at JD1.33 billion (File photo) AMMAN — The number of transactions executed through the instant payment system (CliQ) from the beginning of the year up until the end of February reached 20.22 million transactions, with a total value of JD2.61 billion, according to data from the Jordan Payment and Clearing Systems Company (JoPACC). The value of electronic payment transactions via CliQ decreased to JD1.28 billion during February, a drop of 4.3 per cent compared to January, where the value stood at JD1.33 billion. Data reviewed by Al-Mamlaka TV revealed that 9.9 million transactions were executed in February, marking a 4 per cent decrease compared to 10.32 million transactions in January. As for the user base, the number of CliQ users in Jordan rose to 1.74 million, an increase of 2 per cent in February alone. According to the statistics, 96.3 per cent of platform users are of Jordanian nationality, with Jordanians comprising 1.6 million users, while users from other nationalities totalled 65,000, making up 3.7 per cent. The data also revealed that the largest proportion of CliQ users in Jordan are males, accounting for 62.2 per cent, compared to nearly 35 per cent of female users, with the age group of 18 to 30 being the most active and frequent users of the service. In terms of the nature of transactions, money transfers made up 85.3 per cent of the total transactions carried out via CliQ, while purchases via CliQ accounted for 14.7 per cent. CliQ is the latest instant payment system in Jordan, launched by JoPACC in 2020. The system enables the sending and receiving of money between bank accounts in all participating banks, as well as to and from e-wallets in Jordan, in real-time. These results reflect "significant" progress in the e-payment sector in Jordan, reinforcing the position of digital services as a secure and effective alternative to traditional transactions, and confirming the shift towards an advanced digital economy that keeps pace with global technological developments. The total number of transactions executed through the CliQ instant payment system last year amounted to 83.9 million transactions, with a value of JD12.1 billion.
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.
