Shorks: Electronic Payments Surpass 700M Transactions
The Governor of the Central Bank of Jordan, Adel Shahis, confirmed that digital transformation and financial innovation form the foundation of the country's economic modernization. He indicated that the digital payments sector is expected to handle over 700 million transactions in 2025, with a value exceeding 50 billion dinars, representing approximately 118% of the gross domestic product. He explained that Jordan aims to become a regional hub for financial innovation by developing an integrated system that includes digital identity, electronic verification, open financial services, and regulations related to virtual assets. Additionally, he emphasized that the stability of the banking sector and advanced infrastructure bolster Jordan's position as an attractive destination for investments in financial technology.
Notice: This Is an AI-Generated Summary
Comments (0)