EC News DeskIn line with Jordan’s national agenda, Jordan Payments and Clearing Company, JoPACC, has announced a strategic partnership with Software AG and Technology Strategies ME, TSME, to accelerate the country’s financial inclusion through the launch of its application interface management, API, via Software AG’s webMethods.
With this, JoPACC becomes one of the leading entities to incubate market conditions for the launch of the first digital service of its kind that will enable JoPACC to provide and offer its participants a safe and easy way to integrate with multiple integration formats aiming to perform transactions.
The new infrastructure will enable JoPACC to offer a suite of unified and standardised APIs for the integration of services with entities such as government organisations for digital onboarding. JoPACC has already planned for other services and use cases in collaboration with market players that aim to improve participants’ customer experience and different products, benefiting from optimised operations through streamlined processes, standardised delivery mechanisms and business agility through continuous and seamless delivery.
The new partnership is in line with JoPACC’s key strategic objectives to harness digital innovation and provide invaluable financial services by fully embracing technology to support the welfare of the country, its citizens and economic performance.
“The region’s financial services sector has seen a rise in fintech services growing significantly over the past years and has led to the emergence of innovative business models. Our API Management Platform will not only protect the country’s multiple financial services but will also open newer opportunities to engage with the industry,” said Rami Kichli, Vice-President, Gulf and Levant at Software AG.
Commenting on the implementation, Firas Saifan, Executive Director, Technologies Strategies Middle East said, “Our 15+ years of partnership with Software AG as their counsel for the region is soaring newer heights with the first implementation in Jordan. Founded on our strong understanding of the regional landscape and shared vision of the two companies, together, we continue to accelerate digital transformation aligning to the region’s digital agenda. We promise to continue leveraging our proven success for winning outcomes.”
