ProgressSoft Corporation is delighted to announce yet another milestone in its partnership with Dinarak, who were awarded the Financial Inclusion Startup of the Year 2018 by Fintech Galaxy FinX Awards.
In 2016, ProgressSoft collaborated with Dinarak and successfully launched ProgressSoft’s Mobile Payments solution, PS-mPay, 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 transform lives through financial inclusion.” Dinarak has attained a milestone in its journey towards achieving this mission by being acknowledged as a crucial player in enhancing financial inclusion in the Kingdom.
Dinarak is a licensed payment service provider by the authority of the Central Bank of Jordan’s JoMoPay system. JoMoPay is the brand name for ProgressSoft’s Mobile Payments Switching and Clearing solution, PS-mpClear, which was launched in 2014 by the Central Bank of Jordan, in an effort to build a network that directly benefits those that are financially excluded in the Kingdom; a purpose that is now achieved and celebrated by Dinarak through the innovative payment services provided by PS-mPay.
We are honored to be contributors in the development of the Kingdom’s payment services in cooperation with the Central Bank of Jordan and Dinarak. We extend our warmest congratulations and best wishes to Dinarak for their continued success and advancement.