JoPACC

JoPACC (Jordan Payments & Clearing Company) is a national payment system infrastructure provider in Jordan responsible for the development, operation, and oversight of the country’s payment clearing and settlement systems. Established to support the modernization of Jordan’s financial ecosystem, JoPACC provides the core infrastructure that enables secure, efficient, and interoperable electronic payment transactions across banks and financial institutions in the Kingdom of Jordan.

SERVICES

• National Clearing and Settlement Systems: Operates secure infrastructure that settles interbank and retail payments across financial institutions.
• Real‑Time Gross Settlement (RTGS): Provides real‑time settlement for high‑value and time‑critical financial transactions.
• Automated Clearing House (ACH): Facilitates batch processing of low‑value retail payments such as direct debits and credits.
• Card Clearing Services: Manages the clearing and settlement of card‑based transactions (debit, credit) between banks and payment providers.
• Instant Payments Infrastructure: Supports real‑time retail payments for users and businesses across participating banks.
• E‑Wallet & Digital Payments Integration: Enables connectivity and settlement services for digital wallets and alternative payment methods.
• Interbank Connectivity Services: Provides standardized messaging and connections between participating banks and financial institutions.
• Payment System Governance & Rules: Develops operational and regulatory rules that govern national payment schemes and infrastructure.
• Security & Risk Management: Implements secure payment standards and operational risk controls for clearing and settlement activities.

Countries