Decrease in eFAWATEERcom transactions by 19.9% – JoPACC

An image from behind depicting a Jordanian man using his laptop to perform an e-payment, set in a cheerful and modern environment. The man is sitting
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AMMAN –The official eFAWATEERcom application, endorsed by Central Bank of Jordan (CBJ), recorded a total of 47.56 million transactions, amounting to JD10.68 billion, from the beginning of the current year until the end of November, according to statistics from the The Jordan Payments and Clearing Company (JoPACC), reported by Al-Mamlaka TV.اضافة اعلان

In November, the value of transactions through the application amounted to JD864 million compared to JD79 million from October, showing a 19.9 percent decrease compared to the previous month. The average transaction value on eFAWATEERcom stood at JD189.

Meanwhile, the number of transactions in November decreased to 4.57 million, reflecting a 12.6 percent drop from October's 5.23 million transactions. Government services led the way with transactions valued at JD577, followed by services provided by governorates and payment service providers at around JD130 million. Water and electricity services amounted to JD52 million.

Meanwhile, financial services followed with JD35 million, telecommunications with JD26 million, and the trade and services sector with JD10 million. Gas and energy transactions reached JD12 million, while banks recorded JD5 million. Travel and transportation services accounted for JD5 million, and education for JD4 million, and health services for 13,000 transactions.

By the end of October, the application saw the addition of 32,000 new users, constituting 1 percent of the total 4 million users. The number of billers reached 502, offering 1.671 million services.

Breaking down the transactions by sector, communications led with approximately 1.646 million transactions, followed by water and electricity with 1.291 million transactions. Payments to government services reached around 765,000 transactions, and companies in governorates and payment service providers processed 429,000 transactions.

Additionally, the financial services sector had 252,000 transactions, trade and services with 35,000 transactions, associations and organizations with 24,000 transactions, and travel and transportation with 24,000 transactions. Education accounted for 19,000 transactions, while health services recorded 13,000 transactions.

E-wallet surge: 23.5M transactions, JD2.79B
According to JoPACC, Users of electronic wallets (E-wallet) in Jordan executed 23.53 million transactions, amounting to JD2.79 billion, from the beginning of the current year until the end of November.

In the past month, the company revealed that JD2.13 million utilized electronic wallets, conducting 2.76 million transactions through mobile phone-mediated payment systems, a slight 0.5 percent decrease from October's 2.78 million transactions.

JoPACC highlighted that the value of transactions via the wallet system was JD305 million in the previous month, compared to JD323 million in October, marking a 5.5 percent decrease. The average transaction value for the month was JD111.

Breaking down the transactions, 87.1 percent (2.4 million transactions) were for money transfers, 5.1 percent (14,000 transactions) for withdrawals, 4.2 percent (114,800transactions) for purchases, and 3.6 percent (100,000 transactions) for deposits.

According to the report, 88.2 percent of electronic wallet users, totaling 1.88 million individuals, are Jordanian, while 11.8 percent (251,000 individuals) are non-Jordanians. In terms of gender distribution, 52.5 percent (1.1 million) are male, and 47.1 percent (1 million) are female.

CliQ faces 2.7 percent decrease, JD563 Million in November transactions
JoPACC report further added that CliQ payments witnessed a 2.7 percent decline in transaction value last month, totaling JD563 million compared to JD579 million; the total number of transactions conducted through CliQ reached 26.15 million, amounting to JD4.48 billion,  from the beginning of the current year until the end of November.

JoPACC revealed that the total number of CliQ users in Jordan reached 1.13 million clients at the end of November, marking a 4.9 percent increase from the 1.08 million users in October. 3.59 million transactions were executed in November via banks, a 3.7 percent increase from the 3.46 million transactions in the previous month.

The report further disclosed that 88.5 percent of the transactions, totaling 3.2 million, were for money transfers, amounting to JD470 million. The remaining 414,000 transactions, constituting 11.5 percent, were for purchases, totaling JD92.3 million. The average value of money transfer transactions stood at JD57.

The report highlighted that 96.9 percent of system users are Jordanian, totaling 1.09 million individuals, while 3.1 percent (356,000 individuals) are non-Jordanians. Gender distribution showed 63.9 percent male users 723,000 and 34 percent female users 385,000.

User statistics based on age groups include 4,000 for those under 18, 449,000 aged 18 to 30, 302,000 aged 31 to 40, and 188,000 aged 41 to 50. Additionally, 112,000 users are aged 51 to 60, 47,000 aged 61 to 701,100 aged 71 to 80, and 2,000 individuals aged 81 to 90.


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