Members News

JoPACC, the Jordan Payments and Clearing Company, recently upgraded the Automated Clearing House (ACH), which has operated on the ISO20022 since its initial launch in 2016. This upgrade comes in line with JoPACC’s ongoing role in enhancing payments infrastructure through the deployment of an efficient, secure, and safe digital payments infrastructure in the kingdom. This upgrade was implemented in collaboration with CMA Small Systems, the ACH system’s supplier.

Since its launch, the ACH system has been designed to facilitate and accelerate low-value, high-volume credit and direct debit financial transfers between banks operating in Jordan. The system supports various use cases that banks can offer to their clients, such as salary transfers for employees and retirees, dividend disbursements, and vendor payments, among other use cases.

This upgrade enhanced several key areas, including the 24/7 basis operations, security (implementation of digital signature), efficiency, and performance, while keeping pace with the increasing volume of digital payments. By adopting the ISO 20022 messaging standard, the upgrade also streamlines banks’ processes and ensures compatibility with the latest ISO20022 messages’ versions, as JoPACC has deployed certain ISO messages and discontinued outdated ones, but key financial message content to preserve the integrity of the financial transactions such as the IBANs, the full names, and addresses of both the debtor and creditor, remains intact.

The Central Bank of Jordan and all banks operating in the kingdom were involved in this upgrade. Their role included developing and integrating their internal systems to support and accommodate the new messaging standards and versions and the 24/7 operations.

It is worth mentioning that the ACH system supports single and batch credit transfers, direct debit transfers, and a robust mandate management module that fully supports e-mandates in four different currencies: JOD, USD, EUR, and GBP. Additionally, the system includes a fee module that can digitize and automate the end-to-end processes and reconciliation.

Represented by its President, Dr. Bassam Al-Mahasneh, to empower students with practical skills and employment opportunities. The agreement was officially signed by Mr. Moataz Al-Nabulsi and Dr. Bassam Al-Mahasneh during a productive meeting.

This milestone was achieved with the presence of Mr. Mohammad Shkakhwa (Senior Director of HR & Admin), Mr. Abed Al-Hameed Shabsogh (Talent Acquisition Manager), and Mr. Ibraheem Nasren (Training & Development Manager), alongside the deans of Tafila University. Together, we pave the way for aligning education with market demands.

Orange Jordan has successfully concluded its “Subscribe & Win with 5G” campaign aimed at encouraging customers to opt for the 5G novel services, by handing over the grand prize to the winner.

The CEO of Orange Jordan, Philippe Mansour, along with the Chief Consumer Market Officer, at Orange Jordan, Naila Al Dawoud, handed over the grand prize, which was a 2024 BYD Atto 3 electric car, to the winner Rbiaah Mohamuod Saeed Khamaish during a special ceremony celebrating the conclusion of the campaign and the announcement of the winner through a special draw.

With 5G services now available in various areas across all Jordanian governorates, Orange is continuously working to enhance coverage. Simultaneously, it continues to encourage its subscribers to adopt cutting-edge technologies. This campaign was part of this effort and included several draws in which customers had the chance to win valuable prizes, including 3 iPhone 14 Pro Max phones and 3 PlayStation 5 consoles.

The campaign aimed to encourage customers to opt for the innovative 5G services by allowing all individual subscribers to Orange’s 5G offers for home internet, postpaid, and prepaid mobile lines, since the launch of the company’s 5G services on July 11th, 2023. They were eligible to win the grand prize, a 2024 BYD ATTO 3 GL500 electric car, with the draw held on December 8th.

On the sidelines of the ceremony, Al Dawoud expressed her gratitude to the customers whose participation ensured the success of the campaign. Most importantly, their participation supported Orange’s endeavors to enable customers to adopt the latest technological trends represented by 5G, which opens the door to unprecedented progress in all fields.

Al Dawoud also added that the campaign was a true translation of Orange’s continuous efforts to elevate its services and expand its reach to customers across the Kingdom, enabling them to “Lead the Future” equipped with modern technologies.

She also congratulated all the winners, especially the grand prize winner, stressing that Orange, based on its customer-centric approach, will continue to launch more campaigns and offers in the near future.

It is worth mentioning that Orange Jordan introduced 5G services to the Jordanian market last year. Since then, digital transformation has reshaped multiple sectors especially with the growing number of subscribers to the 5G services in Jordan.

s operators with revenues of 39.7 billion euros in 2023 and 128,000 employees worldwide until 30 September 2024, including 71,000 employees in France. The Group has a total customer base of 292 million worldwide until 30 September 2024, including 253 million mobile customers and 22 million fixed broadband customers. These figures have been restated to account for the deconsolidation of certain activities in Spain following the creation of MASORANGE. The Group is present in 26 countries (including non-consolidated countries).

Another renewed accomplishment added to InvoiceQ after successfully raising $1.2 million in a pre-series A-funding round, where a number of prominent Jordanian seed and pre-seed investors participated in the round; this included Oasis 500, Orange VC, Flat6Labs, as well as Natej Soft and several angel investors. With the support of Kassim Legal, InvoiceQ finalized the transaction with future plans to focus on their expansion across the region to serve more clients.

“We have issued over 50M invoices to date, saving our clients a lot in the process,” said Muhannad Tobal, CEO of InvoiceQ. 

Based in Jordan and KSA with active participation, InvoiceQ has set its E-invoicing solutions with a mindset that aims to address the needs of each country’s specific requirements so that E-invoicing solutions revolutionize the ways by which invoices are managed and exchanged across the region.

Investing in A Promising Future For E-invoicing  

With this funding, InvoiceQ is poised to accelerate its growth and expand in other markets in the MENA region including Oman, Egypt, UAE, GCC and more in an attempt to provide cutting-edge E-invoicing solutions to a wider client base.

“This investment will empower us to expand our client base and drive significant growth in Saudi Arabia and MENA region where the demand for digital invoicing solutions is rapidly increasing alongside other countries in the region.” Said Muhannad Tobal – CEO of InvoiceQ.

Expertise in Tailored E-Invoicing Solutions
Founded in 2020, InvoiceQ is a SaaS-based E-invoicing platform and a trusted integration solution provider in Jordan and KSA with current expansions in the MENA region. InvoiceQ is a qualified provider by ZATCA in Saudi Arabia and ISTD in Jordan making it an officially recognized provider of E-invoicing solutions.

The system has been developed to support different payment gateways such as SADAD and eFAWATEERcom in addition to supporting payment collections through versatile options such as Visa and Mastercard in an attempt to facilitate the payment collection process for businesses and ensure real-time reconciliation.

With InvoiceQ’s solutions, companies are able to comply with tax authorities, get dynamic system integrations, and advanced customization options. The system automates manual processes, thereby increasing efficiency, minimizing errors, and providing accurate data reports in real-time.

The Driving Force Behind InvoiceQ

With a shared vision to revolutionize the E-invoicing industry and help solve invoice issues, InvoiceQ was founded by a group of experienced entrepreneurs; each bringing their expertise to get the best outcome.

Thus, InvoiceQ was founded by CEO Muhannad Tobal, CTO Fadi Al-Jabali, COO Amer Ayyad, and GM Mohammad Baseet. With their expertise combined together, they managed to successfully drive the wheel of E-invoicing in the region and address the critical challenges of the E-invoicing industry.

InvoiceQ in Numbers

Ever since its founding in 2020, InvoiceQ has been rapidly achieving remarkable milestones in the E-invoicing industry as they issued over 50M invoices and achieved a total invoice value estimated at 6B USD. 

Moreover, the company has won the trust of serving more than 250 clients from various business industries and regions. Thereby, helping businesses save a significant amount of time and resources through its up-to-date solutions.

Vision
InvoiceQ vision is to deliver user-friendly E-invoicing solutions tailored for businesses and organizations of all industries and sizes across the region. This is what pushes us to develop customer-centric alternatives capable of meeting global systems’ demands according to each country’s local tax regulations and legislation.

Mission
Developing technology that empowers all business users to manage invoices electronically with the minimum effort needed and maximum output received, through solutions that prioritize each business specific needs.

A Move Towards A Tech-Driven Future

This achievement unlocks the door for new opportunities and helps businesses embark on this new revolution in the E-invoicing industry through solutions that consider simplicity, speed, and real-time updates for E-payment solutions. Through this strong foundation and dedicated team, the future of E-invoicing solutions in the Middle East is looking bright with solutions providers like InvoiceQ.

The Women Empowerment (WE) Committee hosted its year-end event, “Shaping Tomorrow: Celebrating Women’s Achievements Today,” to reflect on a year of progress and celebrate the accomplishments of women.

The event included inspiring talks by young women who shared their personal stories of success and perseverance, showcasing the power of empowerment and determination.

The gathering also highlighted the collaborative efforts of the committee members, with a special acknowledgment of the leadership of the Head of Committee , Mrs. Amira ElAli , for guiding the committee toward its goals this year.

This event marked the conclusion of a remarkable year and emphasized the importance of celebrating achievements while looking ahead to a promising future.

Congratulations to Beyond Limits founder and CEO Eng. AJ Abdallat for receiving the Silver Jubilee Medal from His Majesty King Abdullah II of Jordan.

On this occasion Eng. AJ Abdallat stated, “It is a true privilege to have our contributions to advancing AI, both regionally and globally, recognized, and to accept this distinguished honor in the presence of His Royal Highness Crown Prince Al Hussein”.

Engineer added “I would like to express my heartfelt gratitude to His Majesty King Abdullah II, His Royal Highness Crown Prince Al Hussein, and the Royal Court.

The Silver Jubilee Medal, a recognition established by Royal Decree, marks the 25th anniversary of His Majesty King Abdullah II’s ascension to the throne.

Orange Jordan concluded the Persons with Disabilities Hackathon which was designed to encourage university students to come up with digital solutions to overcome inaccessibility in this arena. The competition was launched in November on the occasion of the International Day of Persons with Disabilities on December 3rd. The Hackathon included a 4-day boot camp, held at Orange Digital Village. It helped participants by training them on digital manufacturing to develop creative and tech-based ideas and solutions, to innovatively tackle challenges related to persons with disabilities.

Five finalists, who qualified for the last stage out of 50 students from all Jordanian universities who applied to participate in the Hackathon, showcased and pitched their ideas before the jurors who in turn evaluated the ideas to announce the three winners.

The final projects consisted of Empower Ability, which is an application aimed at making cars and vehicles accessible to overcome challenges in the transportation sector. The second project was Finn Technology which was designed to support persons with hearing impairments. LendMeSight was developed to support persons with visual disabilities enabling them to move safely and freely. RECO founders showcased their project’s idea aimed at providing limbs at competitive costs. The final project was SWIFT and aimed to ensure the safe participation of persons with disabilities in sports such as swimming and running.

The winning projects comprised RECO in first place, LendMeSight in second place, and SWIFT in third place.

The Chief Corporate Communication and Sustainability Officer, Eng. Rana Al Dababneh valued the ideas of the participants embodying Orange’s strive to put technology at the service of communities. She considered these projects as a first step toward laying the foundation for an inclusive society that embraces everyone.

During her speech, she also appreciated the extended partnership with various national organizations and institutions, which contributed to joint and systematic national efforts to enhance the leadership role of persons with disabilities.

She extended her gratitude to the jurors including, the Upper House Member, Her Excellency Asia Abdul Muttalib Abdullah Yaghi, Director of Accessibility and Universal Design Department in the Higher Council for the Rights of Persons with Disabilities Eng. Raafat Al-Zitawi, CEO of accessible Jordan Hekam Qusous, and the Economic Cooperation and Private Sector Development Advisor – SME Growth at GIZ Halla AlKhayyat.

It is worth noting that Orange Jordan put into practice several initiatives and activities coinciding with the International Day of Persons with Disabilities themed “amplifying the leadership of persons with disabilities for an inclusive and sustainable future”. These activities included besides the Hackathon, changing the name of the network to “Inclusion” to increase awareness among the customers in collaboration with the Higher Council for the Rights of Persons with Disabilities. The company also conducted a series of awareness and training sessions under the umbrella “Differently abled, definitely enabled”, which was launched in 2019 to enable persons with disabilities to lead positive change in their communities. The training targeted 40 participants and elevated their skills in soft, and technical skills, CV writing, and AI.

PayOne has officially launched its new website in partnership with Echo Technology, utilizing the latest in web design and development technologies. The newly designed site provides users with a seamless experience, offering comprehensive information on PayOne’s financial services, including payment solutions, digital wallets, and transaction management