jordan pulse -

Digital payments in Jordan through the instant payment system “JoMoPay” reached 899.7 million dinars from the beginning of the year until the end of February, with 12.29 million transactions recorded.

According to a report by Jordan Payment & Clearing Company (JoPACC), outgoing e-wallet transfers dropped by 8% in February, totaling 431 million dinars, compared to 469 million dinars in January.

Money transfers accounted for 89.4% of all e-wallet transactions, totaling 385.2 million dinars last month. Meanwhile, withdrawals made up 5.5%, deposits 4%, and purchases 1.1%.

The number of e-wallet users in Jordan increased by 1.2%, reaching 2.58 million, with 88.1% being Jordanians and 11.9% non-Jordanians. Women slightly outnumber men in e-wallet usage, making up 50.3%, while men account for 49.2%. The 18-30 age group represents the largest segment of users.

JoMoPay is a mobile-based digital payment system that facilitates financial transactions between e-wallets and bank accounts.