ProgressSoft Announces the Successful Launch of PS-mPay by Dinarak

Amman, September 9, 2016

ProgressSoft announces the successful launch of its Mobile Payment Solution, PS-mPay, by Dinarak in Jordan.

ProgressSoft is thrilled to collaborate with Dinarak, a licensed payment service provider by the Central Bank of Jordan's 'JoMoPay' System which is uniquely focused on building a brand and network that directly benefits those that are financially excluded in the Kingdom; a purpose that is now possible with the innovative payment services provided by PS-mPay.

PS-mPay is a contemporary mobile payments platform that allows for domestic and cross-border remittances for banked and unbanked users. The launch of PS-mPay by Dinarak has allowed it to provide various services to its unbanked customers including bill presentment and payments, card-less ATM cash outs, PIN-less merchant payment credit/debit and person-to-person money transfers. In addition, it supports the security feature One Time Password (OTP), at the merchant’s POS and agent cash-in and out to ensure protection of the customer’s data and money.

The launch of PS-mPay falls in line with Dinarak's mission "to build a mobile payments business that provides millions of unbanked people in Jordan with access to financial services, and transforms lives through financial inclusion."

ProgressSoft aspires to maintain strategic partnerships and successful collaborations that seek to reshape the future of mobile payments in Jordan.