In compliance with the CBJ requirements and regulations, and in-line with JoPACC standard direction to streamline secure digital payment processes on the national level; Bank of Jordan – in partnership with Bayanat successfully completed the implementation and integration of their Digital Payment Platforms by CMA.
The project included the implementation of CMA’s ACH and RTGS solutions, to seamlessly integrate them with the CBJ central ACH and RTGS platforms. It also included the deployment of CliQ - the latest Instant Payment Solution (IPS) platform provided and regulated by JoPACC – to facilitate secure and reliable instant payment and fund transaction services through a regulated national platform.
The implemented solutions enabled BoJ to provide their clients with a secure, flexible and reliable platforms to facilitate automatic check clearing, securities transfer, instant payments and fund transactions; modern digital banking services that have definitely helped the bank achieve higher customer retention, market share growth and better branding of their banking services.
Bayanat and CMA were chosen to provide and deploy BoJ Digital Payment Solutions for the successful track record they have registered in this area. By choosing Bayanat Solutions through CMA; BoJ were able to natively integrate and connect to the CBJ and JoPACC CliQ central solutions and effortlessly comply with their regulations and technical requirements.