ProgressSoft Exhibits at the World's Largest Mobile Industry Event in Barcelona

Amman, January 4, 2017

ProgressSoft Corporation, the leading provider of real-time payment solutions, will be participating at Mobile World Congress – Barcelona 2017, for the first time. ProgressSoft will exhibit its solutions in Mobile Payment technologies during the 4-day event, starting on February 27, 2017, until March 2.

Mobile World Congress Barcelona is the world's largest mobile industry event where about 100,000 of visionary leaders and tech-savvy consumers from 200 countries gather each year to discover the latest in mobile innovation presented by more than 2,200 exhibitors.

ProgressSoft will be showcasing its Countrywide Mobile Payment solution PS-mPay, which allows for domestic and cross-border remittances for banked and non-banked users. This solution offers payment services that include, but are not limited to, Person-to-Person, Person-to-Business and Person-to-Government Money Transfers, in addition to Bill Payment, Direct Credits and Point-of-Sale Payments.

Furthermore, ProgressSoft will be demonstrating its Mobile Payment Switching & Clearing solution PS-mpClear, which is responsible for processing inter-bank and inter-processor mobile payment transactions. PS-mpClear supports processing and switching mobile financial and non-financial transactions in STP basis and routing messages between multiple mobile payment service providers, ensuring interoperability.

ProgressSoft provides solutions in the fields of Electronic Check Clearing, Mobile Payments, RTGS, EFT, ACH Payments, Real-time Retail Payments, Corporate Banking & Cash Management, Securities Trading Settlement and Intelligent Signature Verification.