Jordan aims for 700M digital payments by 2025
The Governor of the Central Bank of Jordan, Adel Sharkas, emphasized that digital transformation and financial innovation are fundamental pillars of the economic modernization led by King Abdullah II. He highlighted Jordan's ambition to become a regional hub for dialogue and innovation in the financial sector. He revealed that in 2025, the number of electronic payment transactions in the kingdom exceeded 700 million, with a total value of over 50 billion dinars, representing approximately 118% of the gross domestic product. This reflects a structural shift in economic activity and the development of financial infrastructure. He pointed to the efforts made by the government to develop integrated digital systems, including digital identity, electronic verification, and modern regulations for virtual assets, in addition to supporting the Regulatory Laboratory that tests emerging solutions in the financial field under supervisory oversight. These statements confirm that the stability of the banking sector, advanced infrastructure, human capital, and Jordan's strategic location make it an attractive destination for investments and regional and international companies in financial technology.
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