Middle East Payments Services
Facts
2009
100+
Markets
Jordan, Palestine, Iraq.
Customers
Jordan: Ahli Bank, Jordan Kuwait Bank, The Housing Bank, Jordan Islamic Bank, Capital Bank, Cairo Amman Bank, Bank of Jordan, ABC Bank, Egyptian Arab Land Bank, Jordan Commercial Bank, National Bank of Abu Dhabi, Bank al Etihad, Standard Chartered, Arab Jordanian Investment Bank (AJIB), InvestBank, Arab International Islamic Bank.
Palestine: TNB, Bank Al Quds, Palestine Commercial Bank,
Ahli Bank.
Iraq: Commercial Bank of Iraq,
Gulf Commercial Bank, Amwal.
Services
Card Issuing, Merchant Acquiring, Third-Party Processing, ATM Driving and Management, Security Solutions, Fraud Monitoring and Controlling, Loyalty Solutions. E-Commerce, Prepaid Cards, Financial Subsidy Cards, Mobile Payment, Value Added Services (Dynamic Currency Conversion (DCC), E-Raseed, Bill Payments).
Contacts
MEPS is an innovative regional payment services provider, offering secure e-commerce payment gateway solutions, PCI and security services, as well as a comprehensive set of customized value added services that meets the growing demand for payment solutions throughout the region. MEPS is a payment processor, card issuer and merchant acquirer of payment cards in Jordan, Palestine and Iraq.
MEPS currently caters to financial institutions, as well as retailers and corporations, facilitating all their credit, debit and prepaid card transactions through third party processing, ATM management, merchant acquiring, e-payment gateway solutions, mobile payments and a range of point-of-sale (POS) services.
The company provides an extensive lineup of services that ultimately enhances banks’ and other business payment services, in addition to offering unparalleled security for consumers across the Middle East.
MEPS seeks to establish successful partnerships with and earn the trust of major financial institutions and other organizations as a core component of its operations. The demonstration of MEPS continued success since 2009 and the driver of its growth is that financial institutions are outsourcing card and payment activities, as well as ATM management to the company.
MEPS strengths are regional presence and experience (serving over 8,000 merchants across Jordan, Iraq and Palestine), financial stability owing to its regional operations and strategic shareholders, security as a PCI DSS certified company ensuring optimum security for merchants and customers alike, an expansive service network covering merchants within different sectors and geographical locations, product innovation to effectively cater to customers’ rapidly evolving needs, stakeholder relations management and customer care support.
MEPS has continuously increased its paid-up capital over the years, by acquiring valuable partners, whereby its capital is now over 12.1 Million Dollars. As of 2015, the backbone shareholders in MEPS include the top six major and leading banks in the country. The shareholders in MEPS are Ahli Bank, Jordan Islamic Bank, Jordan Kuwait Bank, Jordan Commercial Bank, The Housing Bank, Capital Bank, Burgan Bank, CSC and MENA Apps.
Key Staff
Abdul Malik Al-Jaber
Chairman
Khaled Zakaria
CEO