275% increase in e-FAWATEER.com payments since January

AMMAN — Payments made through e-FAWATEER.com in the first four months of 2018 stood at JD2.119 billion, marking a 275 per cent increase, when compared to the same period of 2017, which registered JD593 million, the Central Bank of Jordan (CBJ) announced on Sunday.

According to CBJ data, cited by the Jordan News Agency, Petra, the number of bills paid through the online system in the January-April period of 2018 rose to 2.718 million, compared to 1.153 million bills paid in the same period of 2017, marking a 135 per cent increase.

E-FAWATEER.com, run by the CBJ, is a central system which allows the reviewing and paying of bills, as well as other electronic services through linking public and private institutions of various sectors on one side, and banks and payment service providers on the other.

The system provides access to all electronic payment methods related to banks such as branches, ATMs, telephone and Internet banking, and payment through mobile and kiosk devices.

Since its launch in 2015, e-FAWATEER.com witnessed payments worth more than JD6.068 billion by the end of April 2018, through 9.7 million transactions, according to CBJ data.

Public institutions amounted for the biggest share of e-payments, standing at JD2.009 billion by the end of April 2018.

The number of institutions that issue bills on the system currently stands at 136, CBJ said, expecting 18 new institutions to join the system during 2018.