News

Middle East Payment Services Launches eFawateerCom through Points-Of-Sale

Amman, June 2016 – Middle East Payment Services (MEPS) - a consortium of elite local and regional banks that serves as a leading, innovative payment services provider in the Middle East - has launched the Electronic Bill Presentment and Payment (EBPP) service eFawateerCom, enabling its customers to pay water, electricity, telecom, education and healthcare bills, as well as government transactions and taxes, using bank cards or cash at any of MEPS’ points-of-sale (POS) in a safe and convenient manner.   The announcement was made during a press conference MEPS held at the Amman Marriott Hotel on Sunday 5 June, 2016, under the patronage of the Central Bank of Jordan (CBJ), represented by its Executive Manager of Domestic Payments and Banking Operations Department, Mrs. Maha Bahou. The press conference was attended by MEPS Chairman, Mr. Caesar Qulajen, MEPS CEO, Mr. Khaled Zakaria, and several Board Members, in addition to Madfoo3atCom CEO, Mr. Naser Saleh, and a host of prominent merchants and media representatives.   During the first phase, MEPS activated the service in June 2016 at two hypermarkets: Miles and Al Farid Stores. The Company plans on expanding the service to encompass 400 of its merchants with a combined total of 900 machines as part of a service package available to merchants. These include supermarkets, hypermarkets, libraries, mobile stores, car rental offices, and money exchange companies.   eFawateerCom is an EBPP system owned by the CBJ and operated by Madfoo3atCom Company for Electronic Payments. The system aims to view and pay all kinds of bills and other payments electronically through all banking channels – including bank branches, internet banking, automated teller machines (ATM), mobile banking, Interactive Voice Response (IVR) and mobile phones – in addition to the eFawateerCom Portal and, most recently, through POS devices. This helps facilitate and accelerate the process of collecting due bills and payments across all the mentioned channels, around the clock, in an easy and safe way.   "We are committed to fulfilling our promise of rising to our customers’ expectations and meeting market needs, achieved by continuously facilitating transactions and making them simple and convenient for all. For this reason, we sought to extend to payment card holders eFawateerCom’s various benefits, which not only ensure secure, easy and around-the-clock access, but also offer complete control of when and how bills are to be paid to various collecting entities,” said Mr. Qulajen.   He added that this step underscores the Company’s vision of becoming the premier leading hub for electronic and mobile payment solutions for financial institutions, corporations, small- and medium-sized enterprises (SME) and individuals in Jordan and across the Middle East by introducing advanced, innovative cutting-edge secure payment solutions.   Founded in 2009 and owned by eleven local and regional leading banks and companies, MEPS is an innovative, regional payment services provider, offering payment card services, ATM management, secure point-of-sale (POS) devices, e-commerce payment gateway solutions, fraud monitoring and loyalty programs. Additionally, MEPS is a payment processor, card issuer and merchant acquirer.

Place

Ameer Ben Malek, Jordan