Members News

In line with its collaborative approach to exchanging experiences, disseminating knowledge, and sharing its business model with local and international institutions, the Jordan Payments and Clearing Company “JoPACC” recently welcomed delegations from the Iraqi and Tunisian Central Banks, as well as the Tunisian Ministry of Finance, for a knowledge-sharing visit on June 21st and 22nd. The visit was organized in collaboration with the German Agency for International Cooperation (GIZ) and in the presence of their representatives.

During these visits, the two delegations learned about JoPACC’s experience in managing and operating payment systems, managing system participant relationships, the company’s core areas of business, and its current projects. They were also briefed on the chronological evolution of digital payments in Jordan and the infrastructure needed to establish easy-to-use and resilient payment systems.

Both delegations were actively engaged in discussions and inquiries. Their aim was to seek solutions to address the respective challenges faced by their countries and explore the implementation of digital payment systems like those established and operated by JoPACC, taking into consideration the unique requirements of each country individually. The hope was that these efforts would contribute to the resolution of current issues and promote the adoption of effective payment solutions.

H.E. Maha Bahou, CEO of JoPACC, enthusiastically emphasized her team’s readiness and capability to conduct multiple exchange sessions with the visiting delegations and highlighted the company’s commitment to offering robust support, reflecting JoPACC’s dedication to promoting digital financial inclusion, particularly in neighboring Arab countries.

The two visiting delegations expressed their admiration for the remarkable progress achieved in Jordan’s digital payments infrastructure and particularly lauded JoPACC for its commitment to a partnership-based approach with all stakeholders in the financial sector. The delegations recognized JoPACC’s pivotal role in effectively operating and managing payment systems, facilitating fintech innovation, knowledge management, and business analytics which involves active participation from all entities within Jordan’s financial system.

The Innovative Startups and SMEs Fund (ISSF), announces an investment of $2,000,000 USD in Hambro Perks’ Oryx Fund to empower the Jordanian startup ecosystem and drive technological innovation in the country. The collaboration aims to unlock opportunities for local entrepreneurs and support startups operating in key sectors such as Financial Technology, Healthcare Technology, SaaS & B2B Enterprise Technology, Logistics Technology, and Education Technology.

Hambro Perks (HP) is a United Kingdom based private markets focused investment firm that invests into early and growth stage technology businesses across the EMEA region. HP manages funds across multiple strategies including primary and secondary venture capital strategies and a series of specialized sector-specific funds and venture debt solutions. The HP Oryx Fund is a $50m MENA equity fund that backs early-stage ventures in sectors where the firm has deep expertise such as Fintech, Health-tech, Enterprise-tech, Logistics and Edtech.

“This investment underscores the ISSF’s commitment to ensuring a continuous flow of catalytic equity capital into the ecosystem. Our partnership with Hambro Perks’ Oryx fund is an important step for the Jordanian ecosystem. Together, we aim to create a thriving environment for entrepreneurship and innovation in Jordan.” – Mohammed Al Muhtaseb, CEO of ISSF

“We are thrilled to be actively involved in the digital transformation of the Jordanian economy. Jordan’s thriving community of sophisticated tech founders create the perfect foundation for a flourishing VC ecosystem. The HP Oryx Fund team has been closely monitoring Jordan’s ongoing success and has already made notable tech investments in the Kingdom. We look forward to working with our esteemed partners at ISSF and continuing to contribute to the growth of Jordan’s tech sector.” – Ali Qaiser, Partner, Hambro Perks

With this significant achievement, Customers can be confident in the installation and delivery of Cohesity solutions by PROTECH.

Why Cohesity (data security and data management together in one platform)?
✅ Simplicity at Scale
✅ Zero Trust Security
✅ Powered by AI/ML

Why Choose a Cohesity Professional Services Authorized Partner?
🔴 Certified Individuals
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Cohesity and PROTECH are committed to Customer Success.

We thank you Cohesity team for your full support to make it happen.

ProgressSoft is honored to open its doors and present its company to a prestigious Japanese delegation, facilitated by the collaborative efforts of JETRO – Japan External Trade Organization, Crown Prince Foundation, and Jordan Strategy Forum – منتدى الاستراتيجيات الأردني.

The visit sparked inspiring exchanges, opening new paths of cooperation and fostering stronger ties with Japan in the realm of innovation.

Our heartfelt appreciation to all those we had the pleasure of meeting today, as well as to JETRO, the Crown Prince Foundation, and the Jordan Strategy Forum for their impeccable coordination.

Imagination closer to reality… Orange Jordan officially launches 5G

•  Orange 5G services available to prepaid and postpaid mobile, home, and business subscribers
• More opportunities will be available thanks to 5G’s higher speeds, enhanced connectivity, and low latency

Leading a new digital development, Orange Jordan launched its 5G services in several areas in Amman and in Irbid. This announcement comes as an extension of the company’s 5G journey, as Orange Jordan was first to Pilot the 5G in the Kingdom in November 2022, and the first to enable the 5G network in Amman, enabling subscribers to explore the new service for free.

Orange Jordan 5G launch was announced by its CEO, Philippe Mansour, in a press conference held Tuesday July 11, 2023, at the Innovation Hub in the Orange Digital Village in Amman, attended by Minister of Digital Economy and Entrepreneurship Ahmad Hanandeh, Chairman of the board and CEO of the Telecommunication Regulatory Commission TRC, Eng. Bassam Alsarhan, His Excellency, Ambassador of the Republic of France to Jordan, Mr. Alexis Le Cour Grandmaison, partners, media and Orange Jordan’s Chairman of the Board Dr. Shabib Ammari and executive management.

The conference featured two panels: the first one addressing understanding of 5G technology and its significance to Orange Jordan and the Kingdom; the second one focusing on the distinguished services, offers launched by Orange Jordan, and the new features that make 5G exceptional, including high speed, low latency and enhanced connectivity.

The company affirmed that 5G offers were designed to ensure best value in speed, capacity, and innovation at competitive prices to cater to all users and their diverse needs, especially amid excitement to utilize the new technology and its potential.

Jerome Henique, CEO of Orange Middle East and Africa stated on this occasion; “Orange Jordan is the second Orange country to launch 5G in Middle East & Africa enabling massive development for main infrastructure and accordingly accelerated digital transformation, smart cities, and many use cases in diverse industries such as entertainment, health, manufacturing, education and transportation”.

The announcement of the official launch comes after Orange Jordan completed the necessary infrastructure to provide 5G through its network in several locations in Amman and Irbid, in the first stage, and will continue the 5G expansion to cover more areas as per the timeframe set.

Philippe Mansour, CEO of Orange Jordan commented on this occasion: “We are proud to be in the lead of the digital development in Jordan. We will provide 5G as a responsible digital leader that contributes to digital transformation and the culture of innovation to drive sustainable development and keep everyone connected to all that matters to them. This game-changing technology will allow us all to discover new opportunities and can be utilized to promote economic growth, job creation, and enhance the quality of life in Jordan”.

5G services will be available in carefully designed offers and packages to all fixed and mobile internet, both for prepaid and postpaid lines, to cater to individuals, homes, and businesses, while that the company continues the rollout in more regions under a set timeframe, utilizing the global Orange group’s leading expertise in 5G rollout.

The 5G launch falls under Orange Jordan and the TRC’s agreement signed in August 2022, and the 5G frequencies license in February 2023 obtained by the company, making Orange Jordan the only provider in the Kingdom offering all technologies for internet, including fixed internet through fiber and ADSL, mobile internet through its 4G and 4G+ networks – as the company remains the exclusive 4G+ provider- and now 5G.

The Jordan Payments and Clearing Company (JoPACC) and INJAZ have joined forces in an exciting collaboration to advance the uptake of digital payment solutions at universities in Jordan. This strategic partnership, a testament to JoPACC’s and INJAZ’s commitment to youth empowerment, aims to build and increase students’ digital financial literacy and awareness while promoting financial inclusion among the youth segment in Jordan. The partnership is poised to bring about a remarkable transformation in the higher education landscape, propelling Jordanian universities towards becoming “cashless universities” and marking a significant milestone in their digital transformation journey.

As the world rapidly moves towards a digital economy, and with the increasing popularity of digital transactions, the collaboration aims to eliminate the hassle of traditional payment methods and offer a seamless, secure, and convenient digital payment experience for students, staff, and faculty members. The initiative is also a step towards equipping Jordanian university students with the necessary skills and knowledge to navigate the evolving landscape of digital financial services, as it is crucial for young people to possess the expertise and understanding of these services to increase their financial well-being and competitiveness in the job market.

JoPACC will leverage its expertise in the digital payments landscape to introduce digital payment solutions to universities in a step to make their financial transactions more seamless and secure, which will enable students to pay their tuition fees, charges, and other campus-related expenses digitally and instantly, thereby reducing the reliance on cash transactions. In addition, INJAZ, renowned for training university students on various topics including financial literacy, will attract experienced volunteers who will deliver the digital financial awareness content. To ensure that these selected volunteers are well-equipped with up-to-date knowledge, JoPACC will provide them with comprehensive training sessions on Digital Financial Services through a Training of Trainers (ToT) Program.

On her behalf, Ms. Maha Babou, CEO of JoPACC, stated: “We are thrilled to partner with INJAZ to bring about this much-needed digital transformation in Jordanian universities, which is another milestone in our deeply rooted relationship with INJAZ. By digitizing payments, we aim to simplify the financial processes for students and universities, making them more convenient and secure. This collaboration also aligns with our vision to drive youth financial inclusion and promote the adoption of advanced payment technologies across Jordan”.

Ms. Deema Bibi, CEO of INJAZ, also expressed her excitement about the partnership, stating, “We believe that providing young people with the necessary skills to access and utilize digital financial services is paramount in ensuring their financial stability and success. We hope this partnership will have a transformative impact on students’ financial well-being and pave the way for a more financially inclusive society.”

The financial awareness training program will cover a range of topics and offer students hands-on training and practical knowledge about digital financial services and financial institutions in Jordan, types of financial accounts, digital payment options and instant transfer services, financial planning and saving, and the responsible use of digital financial services. The training program will commence in the upcoming academic year 2023/2024, with plans to reach universities across Jordan.