1. Jordan and FinTech: Possibilities Without Borders
Maha M. Bahou | CEO
Jordan Payments and Clearing Company
JoPACC
July, 2019

2. Jordan in Numbers : Readiness for FinTech
10 Millions Total Population
9.8 Million Mobile Subscribers
9.4 Million internet Subscribers
90% Smartphone Penetration
42% Financial Inclusion Rate

3. Mobile subscriptions %
Global Stats – CESA: Readiness for FinTech
Digital Readiness
Financial Parameters
Mobile subscriptions %
FinTech ecosystem playbook (EY) – 2017/2018

4. Mobile subscriptions %
Global Stats – Middle East: Readiness for FinTech
Digital Readiness
Financial Parameters
Mobile subscriptions %
FinTech ecosystem playbook (EY) – 2017/2018

5. Digital Payments Landscape by end 2016
5- JoMoPay
Jordan mobile payments switch provides interoperable ewallets for the unbanked, and for micro payments for banked people
4- eFawateercom
Centralized bill presentment and payment system that serves all types of utility bills, government payments along with other types of claims and due payments
3- ACH
Serves bulk credit transfers, individual credit transfers, along with direct debit and mandate management with deferred clearing and settlement
2- ECC
The electronic check clearing system serves only on others checks
6- GFMIS
Single Treasury Account and Gov. Information System
7- ATMS & POS
ATM Switch and POS Switches are owned and managed by the private sector 1-
The settlement of the retail and micro payment systems takes place in Central Bank Money/ the RTGS
8- Depo/X
Government Securities Auction, trading and settlement system, in addition to depository system
9-National ID Schema
Robust National ID with Biometric

6. Government Service Bus
Connected Infrastructure – Jordan
Government Service Bus
(GSB)
MNOs
leasing
Brokers
Insurance
MFI
API Integration
Merchant
MTO
PSP
Private Sector
Mobile Money Agent
Government Services

7. FinTech: Opportunities & Possibilities in Jordan
High Technology Access
High Quality for Education
High Access to Technology
High Literacy rate
Robust connected digital payment infrastructure
FinTech Bay Jordan as a start
Experience and
expertise
Connected
Payment Systems
JORDAN as a FinTech hub
Young Tech Savvy
Supports
Start-ups
Regulatory Framework
High internet penetration
High smartphone users
Young population
Incubators
FinTech Labs
Accelerators
Regulatory Sandbox

8. Cashless Society – Digital Economy Financial Inclusion & SDGs
Connecting Markets through Techs
FinTech
EduTech
HealthTech
TransTech
RegTech
PayTech
Cashless Society – Digital Economy
Financial Inclusion & SDGs

9. JoPACC – Ongoing Projects
Blockchain
Facial Recognition
OCRs
API integration
eKYC
Intelligent Scoring
Digital Lending
Market Research
eCommerce
Interoperability
&
Scalability
Digital
Green Financing
IPS
QR code
Unified Payment Interface
AML
Open Standard APIs
QR Codes
Standardized National QR format
Increase Adoption and Acceptance

10. JoPACC Strategy Pillars
Increase Access, Adoption and Usage
Pillar 2
Improve Infrastructure, Digital Products & Platforms
Pillar 3
Compliance, Security and Fraud Detection
Digital Experiments
Open Banking APIs
National AML
Consumer Behavior analysis
OCR
Fraud Detection
Instant Payment System
COBIT
Market Research
IPFS CouchDB
Hadoop
GDPR
OAuth 2.0
Big Data
Intelligent Scoring
Facial Recognition
Unified Payment Interface
Blockchain
Hyperledger, Ethereum, etc
National QR: EMVco
electronic Know Your Customer (eKYC), electronic Customer Due Diligence (eCDD)

11. The world’s biggest problems are the world’s biggest opportunities
We believe that…dan
The world’s biggest problems are
the world’s biggest opportunities

12. JORDAN STANDS OUT FROM THE CROWD

13. Jordan Payments and Clearing Company (JoPACC)
Tel: +962 (6)
Fax: +962 (6)