Jordan has seen immense growth in the use and adaption of payment gateways in recent times. This is driven by the increasing popularity of e-commerce and online shopping in the country. As more businesses move online, the need for secure and reliable payment processing solutions has become increasingly important.
Government Efforts To Promote Payment Gateways In Jordan
One of the key drivers of growth in the payment gateway market in Jordan has been the government's efforts to promote e-commerce and digital payments.
In recent years, the government has launched initiatives to promote the use of digital payments and increase financial inclusion. This has created a favorable environment for payment gateway providers, as businesses and consumers increasingly turn to online payments.
Increase In Mobile-based Payments
Another factor driving growth in the payment gateway market in Jordan is the increasing adoption of mobile payments.
With more than 70% of Jordanians owning a smartphone, mobile payments have become an increasingly popular online purchase method. Payment gateway providers are responding to this trend by developing mobile-friendly payment solutions that are fast, secure, and easy to use.
More Startups
The growth of the payment gateway market in Jordan is also driven by the increasing number of startups and small businesses launching online. These businesses are looking for affordable and easy-to-use payment solutions that can help them accept online payments and grow their customer base.
What Are The Best Payment Gateways In Jordan?
The payment gateway market in Jordan is expected to continue to grow in the coming years, driven by the increasing adoption of e-commerce and digital payments.
Payment gateway providers are continuing to innovate and develop new solutions that meet the evolving needs of businesses and consumers.
Having said that, certain payment gateway providers in Jordan are thriving in the region, when it comes to overall consumer adaption.
Here are the best payment gateway platforms to opt for in Jordan:
Amazon Payment Services is a payment gateway that allows customers to make online payments using a variety of payment methods, including credit cards, debit cards, and bank transfers. The platform is known for its security and reliability, as well as its user-friendly interface.
One of the biggest advantages of Amazon Payment Services is its integration with Amazon Web Services (AWS). This means that businesses can easily integrate payment processing into their AWS infrastructure, making it an ideal choice for businesses that are already using AWS for other aspects of their operations.
A striking advantage and aspect of Amazon Payment Services are its fraud detection and prevention capabilities. The platform uses machine learning algorithms to analyze transactions and detect potential fraud, helping to protect both businesses and customers.
2. 2Checkout
2Checkout is a payment gateway that allows businesses to accept payments from customers all over the world. The platform supports a wide range of payment methods, including credit cards, debit cards, PayPal, and more.
The reason why 2Checkout is popular in Jordan is that it supports multiple languages and currencies. This makes it an ideal choice for businesses that are looking to expand into new markets.
Another advantage of 2Checkout is its robust reporting and analytics capabilities. The platform provides detailed insights into payment activity, allowing businesses to make informed decisions about their payment processing strategies.
3. PayTabs
PayTabs is a payment gateway that is designed specifically for businesses in the Middle East and North Africa (MENA) region. The platform supports a wide range of payment methods, including credit cards, debit cards, and bank transfers.
One of the key advantages of PayTabs is its local expertise. The platform is designed to meet the unique needs of businesses in the MENA region, including support for local currencies and languages.
Additionally, PayTabs offers comprehensive fraud prevention measures. The platform uses a combination of machine learning algorithms and human review to detect and prevent fraudulent transactions, helping to protect both businesses and customers.
4. Checkout.com
Checkout.com is a payment gateway that is designed for businesses of all sizes. The platform supports a wide range of payment methods, including credit cards, debit cards, and alternative payment methods like PayPal and Apple Pay.
When it comes to a notable advantage of Checkout.com, then we have to talk about its scalability. The platform is designed to grow with businesses as they expand, making it an ideal choice for startups and growing businesses.
Moreover, another key and excellent advantage of Checkout.com is its advanced fraud detection and prevention capabilities. The platform uses machine learning algorithms to analyze transactions and detect potential fraud, helping to protect businesses and customers alike.
Some Honorable Mentions
While many payment gateway providers in Jordan stand out and are popularly used by citizens across the country, with Amazon, Checkout.com, 2Checkout, and PayTabs being the main ones, other payment gateway services in Jordan are worth mentioning.
(I). HyperPay
HyperPay is a payment gateway that supports a wide range of payment methods, including credit cards, debit cards, and bank transfers. It is known for its ease of use and fast processing times, and it supports multiple currencies. HyperPay also offers fraud detection and prevention measures to protect both businesses and customers.
(I). Telr
Telr is a payment gateway that is designed for businesses of all sizes. It supports a wide range of payment methods, including credit cards, debit cards, and alternative payment methods like Apple Pay and Google Pay. Telr also provides businesses with customizable checkout pages and detailed reporting and analytics. It is known for its ease of use and fast processing times.
FAQs On Payment Gateways In Jordan
Here are some frequently asked questions (FAQs) on payment gateway services in Jordan:
Q: What is a payment gateway?
A: A payment gateway is an online service that allows businesses to accept payments from customers. It securely processes customer payment information, authorizes payments, and transfers funds from the customer's account to the business's account.
Q: How do payment gateways work in Jordan?
A: In Jordan, payment gateways work in a similar way to payment gateways in other countries. When a customer makes a payment online, their payment information is securely transmitted to the payment gateway, which then verifies the payment and transfers the funds to the merchant's account.
Q: What are the most popular payment gateway providers in Jordan?
A: Some of the most popular payment gateway providers in Jordan include HyperPay, Telr, and PayTabs.
Q: Are payment gateways in Jordan secure?
A: Yes, payment gateways in Jordan are designed with security in mind. They use encryption and other security measures to protect customer payment information and prevent fraud.
Q: What payment methods do payment gateways in Jordan support?
A: Payment gateways in Jordan support a wide range of payment methods, including credit cards, debit cards, and alternative payment methods like PayPal and Apple Pay. Some payment gateways also support bank transfers and mobile payments.
Q: How much do payment gateway services in Jordan cost?
A: The cost of payment gateway services in Jordan varies depending on the provider and the specific services offered. Providers typically charge a transaction fee or a percentage of the transaction amount, as well as a monthly or annual subscription fee.
Q: Can businesses use international payment gateways in Jordan?
A: Yes, businesses in Jordan can use international payment gateways to process payments from customers around the world. However, it is important to ensure that the payment gateway provider complies with Jordanian laws and regulations regarding online payments.
Conclusion
There are many payment gateways available in Jordan, each with its advantages and disadvantages. Businesses should carefully consider their needs and choose a payment gateway that best meets those needs.
Amazon Payment Services, 2Checkout, PayTabs, and Checkout.com are all popular choices that offer robust features and reliable service.
So go ahead, if you want to start selling your products online, all you would require is an Ecommerce website and a payment merchant to start accepting payments. You would promote your Ecommerce website with digital marketing, digital coupons and digital awareness program. You could utilize, Almond Coupons and ADAT to promote your digital coupons.