Dubai, United Arab Emirates — Jordan Kuwait Bank (JKB) has announced a strategic partnership with Mastercard and FOO to introduce eliWallet, a groundbreaking multicurrency payment solution designed to revolutionize financial transactions for customers.
eliWallet, developed by JKB, is a state-of-the-art prepaid wallet that offers both virtual and physical cards for multicurrency transactions. This innovative platform provides customers with a seamless payment method, allowing them to conduct transactions effortlessly in stores, via the app, or online. The wallet also enables swift cross-border money transfers and introduces Jordan’s first family wallet.
“At Jordan Kuwait Bank, we are committed to revolutionizing the way our customers manage their finances and make transactions,” said Suhail Al-Salman, Head of Retail Business at JKB. “With eliWallet, we are taking a giant leap forward into the future of financial empowerment, providing our users with an array of features and services designed to make their lives easier.”
The collaboration with Mastercard brings extensive network support and expertise in digital payments, ensuring that eliWallet users can confidently use the wallet wherever Mastercard is accepted, both online and offline.
“At Mastercard, we are committed to reshaping the payment landscape and advancing financial inclusion in the region. Through our partnership with JKB and FOO, the launch of eliWallet introduces customers to a robust, digital-first payment solution that significantly enhances their financial freedom,” said Cynthia El Khoury, Country Manager, Levant & Iraq at Mastercard.
FOO’s contributions have been instrumental in developing eliWallet’s user-friendly interface, ensuring a seamless customer experience. As an end-to-end solution enabler, FOO has overseen the development, customization, testing, and deployment of eliWallet, managing integration with all third parties to streamline the launch.
“FOO is thrilled to collaborate with Jordan Kuwait Bank and Mastercard on this exciting project,” said Ghady Rayess, Managing Partner at FOO. “Consumers worldwide have elevated their expectations, demanding seamless experiences across every touchpoint in their daily lives. In response to this, eliWallet will redefine how customers interact with their finances, simplifying and streamlining the payment process to meet the demands of the modern world.”
With eliWallet, JKB empowers its customers with tools for financial independence and new business ventures, heralding a future of digital empowerment, financial responsibility, and limitless possibilities.
About Jordan Kuwait Bank:
Jordan Kuwait Bank (JKB) is a leading financial institution in Jordan, committed to providing innovative banking solutions and exceptional customer service.
About Mastercard:
Mastercard is a global technology company in the payments industry, dedicated to connecting and powering an inclusive digital economy that benefits everyone.
About FOO:
FOO is an end-to-end digital solutions enabler, specializing in the development and deployment of innovative fintech products that enhance customer experiences.
