AMMAN – On Sunday, Jordan's
digital payment landscape witnessed a remarkable surge in transactions
facilitated through the eFAWATEERcom application, authorized by the Central
Bank of Jordan (CBJ), according to recent data released by the Jordan Payments &
Clearing Company (JoPACC).
اضافة اعلان
During January and February
of the previous year, the eFAWATEERcom application processed a staggering 10.4
million transactions, amounting to a total value of JD2.2 billion, underscoring
the growing preference for digital payment solutions in the country, Al-Mamlaka
TV reported.
Breaking down the figures,
February saw transactions worth JD1.016 billion, a slight decline from
January's JD1.147 billion, marking an 11.4 percent decrease. The average
transaction value stood at JD197.
While the number of executed
transactions marginally dipped to 5.16 million in February compared to 5.26
million in January, representing a 1.8 percent decline, the application
remained a pivotal platform for various payment needs.
Government services emerged as
the frontrunner in transaction volume through eFAWATEERcom, with transactions
worth JD620 million. This was followed by services provided by governorates and
payment service providers, totaling approximately JD158 million. Education,
water, and electricity services accounted for JD74 million and JD59 million,
respectively.
The application witnessed a
surge in new users, with 42,000 registrations by the end of December,
representing 1 percent of the total user base, which stood at approximately
4.19 million users. Billers also increased to 528, offering a diverse range of
1,757 services.
Regarding sector-wise
transaction distribution, the telecommunications sector led approximately 1.715
million transactions, followed closely by water and electricity services with
an average of 1.389 million transactions. Government payment services, companies
in governorates, and payment service providers accounted for around 991,000 and
457,000 transactions, respectively.
The financial services sector
recorded 255,000 transactions, education services with 182,000 transactions,
and unions and organizations with 39,000 transactions. Meanwhile, the commerce
and services sector, gas and energy services, and travel and transportation
services totaled 23,000, 22,000, and 22,000 transactions, respectively.
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