Industry Updates

'SAMENA Daily' - News

Network International Jordan incorporates instant payments through CliQ

In line with its efforts to increase financial inclusion and the adoption of digital payment services, Network International Jordan, the local arm of the leading enabler of digital commerce in the Middle East and Africa has announced its onboarding of the CliQ payment service across its payment platforms and point-of-sale (POS) systems throughout Jordan.

The CliQ service, which employs QR codes to facilitate rapid payments and transfers between bank accounts, was launched in cooperation with the Jordan Payments and Clearing Company (JoPACC), which manages and develops a wide range of payment systems in the Kingdom in addition to CliQ.

With the launch of QR payments on POS, customers of banks participating on CliQ and mobile wallet services (facilitated through the JoMoPay Switch) can instantly send and receive money through their mobile or online banking application—with no additional fees or charges. Through this new partnership between JoPACC and Network International, customers will now be able to use the CliQ service via Network’s POS devices, used by merchants across Jordan.

Commenting on the launch of its latest service, Amjad Al Sadeq, CEO of Network International Jordan said, “By adopting the CliQ service and incorporating it into our POS systems and payment platforms, we at Network International are proudly building on our commitment to enhancing the Kingdom’s digital economy and increasing the country’s financial inclusion, to the benefit of local businesses and consumers alike. This step has also allowed us to further enrich our partnership with JoPACC, allowing us to continue working together in order to elevate Jordan’s fintech landscape and, ultimately, its financial and digital future.”

Network International’s merchants throughout the Kingdom will be equipped with updated devices that support QR payments through CliQ, creating dynamic QR codes for customer purchases. Customers will then simply scan the QR code using their banking or mobile wallet application, and the payment will be processed instantaneously. This service aims to benefit both merchants and consumers, allowing for immediate payment processing and enabling a wider range of customers across the country to benefit from POS services and solutions.

Further emphasizing the importance of this collaboration, the CEO of JoPACC, Maha Bahou said, “We are proud to announce our latest partnership with Network International Jordan, which is a major milestone in our journey to expand the uptake and usage of digital payments nationwide. By enabling QR payments on POS devices through CliQ and JoMoPay, our goal is to enable advanced, seamless, and instantaneous payments between merchants and users, through a quick, easy, and dynamic mechanism. We believe this partnership will serve our common goal of enhancing the financial user experience and increasing digital financial inclusion in the Kingdom.”

19 banks are participants on CliQ, and clients of 27 financial institutions in Jordan can benefit from the QR payment service. With Network International Jordan’s adoption of the CliQ service, merchants around the country will enjoy a major upgrade in the quality and innovation of their payment platforms and services.



Source: https://ibsintelligence.com/ibsi-news/network-international-jordan-incorporates-instant-payments-through-cliq/

ATTENTION