Arab Advisors Group released a new report: “Digital Payments in Jordan” which analyzed the various digital payments offered by telecom operators and key digital payment players in Jordan. The report, which was released in September 2021, answers the following questions:

  • What are the digital payments available in Jordan, who are the key players and what are their offerings?
  • What is the regulatory framework governing digital payments?
  • How are telecom operators involved in digital payments?
  • What are the recent key events in this sector?
  • What are the significant digital payment indicators? 

“Digital financial services in Jordan powered by financial technology have been positively impacted by COVID pandemic as we have seen rapid growth.” said Hiba Rabadi, Arab Advisors Group’s Deputy General Manager. “However, the Jordanian market is opportune for further growth as governments are opening up the opportunity for innovation in the financial technology sector and are facilitating growth in this field.”

“The digital revolution has reached Jordan. Consumers are seeking digital solutions for their financial needs in Jordan. This has been accelerated out of the need presented by the COVID pandemic, as there was a 113% rise in mobile wallets in 2020,” Dana Shekem, Arab Advisors Group’s Analyst noted. “There have been numerous developments in the digital payments’ field in Jordan recently, with breakthroughs in both the public and private sectors. This is rapidly becoming a significant sector as mobile payments reached over 12 million JDs in the first half of this year.”

Arab Advisors Group’s team of analysts in the region produced over 5,500 reports on the Arab World’s communications, media and financial markets. The reports can be purchased individually or received through an annual subscription to Arab Advisors Group’s (www.arabadvisors.com) Strategic Research Services (Media and Telecom).

To date, Arab Advisors Group serves over 945 global and regional companies by providing reliable research analysis and forecasts of Arab communications markets to these clients. Some of our clients can be viewed on https://arabadvisors.com/client-list

-Ends-

Arab Advisors Group provides reliable research, analysis and forecasts of Arab communications, media and technology markets. 

Arab Advisors Group Strategic Research Services (Media and Telecoms) are annual subscriptions. The services cover nineteen countries in the Arab World: Lebanon, Syria, Jordan, Palestine, Iraq, Egypt, Sudan, Saudi Arabia, Yemen, UAE, Kuwait, Qatar, Bahrain, Oman, Libya, Tunisia, Algeria, Morocco and Mauritania.

For more information, please contact Arab Advisors Group offices. www.arabadvisors.com 
Arab Advisors Group   Amman
Tel 962.6.5681608
 Fax 962.6. 5681530
PO Box 2374, Amman 11821
Jordan
Media Contact: Farah Al Qassem
+962.6.5681608
farah@arabadvisors.com
For more information
www.arabadvisors.com
arabadvisors@arabadvisors.com 

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.