The Bank of Palestine and the Bank of Jordan sign a new agreement

Ramallah - Together - The Bank of Palestine and the Bank of Jordan signed a joint cooperation agreement to provide the Bank of Jordan offices located in traffic circles with electronic payment machines (POS), in cooperation with the Ministry of Transportation, with the aim of making it easier for citizens to pay the fees allocated to the Ministry and traffic circles via bank cards and modern electronic payment systems. The agreement was signed at the main headquarters of the General Administration of the Bank of Palestine in Ramallah, in the presence of Mr. Mahmoud Shawwa, General Manager of the Bank of Palestine, and Mr. Saif Issa, Regional Director of the Bank of Jordan in Palestine, along with a number of department directors and officials from both sides. Under the agreement, the Bank of Palestine will supply the Bank of Jordan's collection offices in the traffic departments of the Ministry of Transport and Communications in all governorates of the country with electronic payment (POS) machines, in addi tion to training Bank of Jordan employees on using the machines, in addition to providing the necessary technical support within days. And working hours. For his part, Mr. Mahmoud Al-Shawa stressed that the agreement will contribute to strengthening the culture of electronic payment among new segments of Palestinian society, and making it easier for citizens by providing modern electronic payment services via bank plastic cards or other electronic means provided by machines, which contributes to reducing the use and circulation of cash. Which the citizen pays as fees in cash. For his part, Mr. Saif Issa explained that this agreement reinforces the Bank of Jordan's keenness to provide modern and easy payment methods for citizens to pay fees related to the services of the Ministry of Transport and Communications, which the bank collects through its offices spread in the directorates of traffic circles, as it includes several important services such as licensing. Cars, personal license renewals, and other fees . Pointing out that it came in line with the Bank of Jordan's strategy aimed at enhancing the culture of using electronic services and providing comprehensive financial solutions through advanced electronic channels. The two banks confirmed that this cooperation between the two institutions, which came under the sponsorship and support of the Palestine Monetary Authority, will greatly enhance the implementation of the strategy to enhance electronic payment in Palestine. It is noteworthy that the collection offices of the Bank of Jordan, which are included in the agreement, include all collection offices located in the traffic department offices in the various governorates, and this step is considered one of a series of updates that the bank is making to develop electronic services, payment systems and facilitation for citizens. Source: Maan News Agency