Orange Jordan announced the acquisition of the Associate License by Visa , the globally leading company in payment technology, thus becoming the first electronic wallet in Jordan to hold this license, and announced the renewal and expansion of its strategic partnership with Visa, which enhances its position in the global digital payment system and financial inclusion.
With this license, Orange Money will be able to issue a variety of cards and services bearing the Visa brand, providing its customers with secure and reliable payment solutions at local, regional, and global levels. Alongside enabling the latest technologies developed by Visa, and obtaining specialized technical and logistical support, thereby enabling them to offer innovative solutions that enhance customer service and experience, efficiently meeting their needs.
The CEO of Orange Jordan and the Chairman of the Board of Directors of Orange Money, Engineer Philippe Mansour, stated that obtaining the Visa partner license represents a qualitative leap reflecting Orange's commitment to innovation and leadership in the digital payments sector. This step gives us greater ability to provide advanced financial solutions that support digital transformation in Jordan and the region, and enhances the confidence of our partners and customers through understanding their needs, thereby consolidating our position as a leading and responsible digital provider.
It is worth mentioning that Orange Money,owned by Orange Jordan, was launched in the first quarter of 2020 to serve as a comprehensive financial platform that enables individuals and businesses to conduct their financial transactions securely, reliably, and with high efficiency. The wallet is the largest among the electronic payment providers in the Kingdom, being the first in terms of the number of open wallets exceeding one million and four hundred thousand users, with a market share exceeding 50%, alongside recording the highest number and value of financial transactions executed through the immediate payment system Cliq.
