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The followings are among the most prominent achievements in this area: The Central Bank of Jordan worked interoperability between payment systems in general and retail payment in particular to facilitate and accelerate the process of carrying out and accepting payment operations which would be reflected positively on all participants of retail payment of final users such as consumers, traders, government institutions, in addition to other companies.
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It also achieve great benefit for segments of citizens who are not included in the financial services because of their geographical location and the non- availability of banking network on their areas or for the limitation and small value of their funds and thus they were not able to open accounts in the operating banks. Accordingly, the system reduces the need for dealing in paper money and coins and minimizing the risks of loozing them in addition to managing other risks. It enables a user to use his mobile transfers and payment orders of small values including paying bills, transferring from one person to another, and paying for purchases directly. The system provides new and safe mean for immediate electronic payment. JoMoPay was officially launched on as a result of the radical change occurs on payment services through mobile in terms of saving or maintaining small financial values, transferring them to others to fulfill financial requirements, and dealing in electronic wallet. Through this system, the net clearing position is worked out and debited to the accounts of banks by the use of Real Time Gross Settlement system (RTGS). Mobile payment system is an electronic system operated and oversight by the Central Bank of Jordan in which banks, companies, and beneficiaries of the service are registered for the purposes of exchanging financial transactions.