Plans to impose transaction fees on 'CliQ' before middle of 2024
19-02-2024 05:01 PM
Ammon News - Maha Al-Bahou, CEO of the Jordanian Payment and Clearing Systems Company (JoPACC), revealed on Monday a plan to impose a commission on financial transfers sent via the instant payment system (CliQ) before the middle of 2024.
The commission that will be charged on CliQ transfers will be symbolic and will include all transfers without specifying a minimum amount of money sent, Al-Bahou indicated in a statement reported by Al-Mamlaka TV.
She explained that this trend comes in light of the additional costs incurred by banks on the service systems provided through CliQ system.
The total number of transactions executed via (CliQ) during 2023 reached 30.21 million transactions worth JD5.11 billion, according to JoPACC, while the total number of users of the service by the end of January reached approximately 1.24 million individuals.