Jordan is moving beyond early fintech experimentation as its digital finance ecosystem becomes more structured, regulated and investable, according to the MENA Fintech Association (MFTA).
The Central Bank of Jordan (CBJ) outlined the country’s progress during MFTA’s first Quarterly Fintech Update Session on 25 June 2026. Its development has followed five stages, from establishing an institutional vision and strengthening infrastructure to creating enabling regulations, supporting innovation and pursuing regional leadership.
Digital payments remain the clearest sign of scale. CliQ, Jordan’s instant payment system, reached about 1.6 million bank-account users by 2024. Bank-account transactions represented around JOD 12.2 billion in value, while wallet-based payments added JOD 5.1 billion. The ecosystem also includes 17 licensed electronic payment and money transfer companies, nine exchange houses and 23 global payment systems.
Jordan has also formalised its approach to virtual assets through legislation passed in 2025, with regulatory responsibilities divided between the Securities Commission and CBJ.
An updated open finance framework is expected by the end of 2026, covering API standards, data privacy and security, and licensing. CBJ said its initial phase will include account information and payment initiation services.
Meanwhile, the CBJ sandbox has received 29 applications, including nine in active testing. Areas represented include virtual assets, open finance, refugee-focused services, buy now, pay later and insurtech.
Source: LinkedIn
