Middle East Payment Services (MEPS) was founded in 2009 and it is currently owned by ten local and regional leading banks and companies.
MEPS is an innovative regional payment service provider, offering a wide range of secure payment solutions with industry-leading capabilities in payment processing, digital wallets and online payment solutions, secure point-of-sale (POS) devices, ATM management as well as a comprehensive set of customized value-added services that meet the growing demand for payment solutions throughout Jordan, Palestine and Iraq.
MEPS is a Principal Member with Issuing, POS Acquiring and ATM Disbursement licenses from Visa, Mastercard and UnionPay. This allows MEPS to act as an issuer, processor and acquirer for these payment schemes. In addition to that, MEPS holds a payment service provider- PSP license from the Central Bank of Jordan to issue Mobile Wallets under the product name “National Wallet” which is an e-wallet Platform operated through JoMoPay national switch. Launched as a part of the CBJ’s efforts to advocate financial inclusion for the unbanked segment of the Jordanian population.
Given its adoption of cuttingedge secure technologies, MEPS is regarded as a trusted partner for financial institutions and other major international payment schemes. It seeks to meet the demands of different sectors, offering customers the latest in the field of secure payment services.
MEPS holds top quality certifications in POS management, providing distinctive and secure services to merchants and card users in Jordan, Iraq and Palestine. MEPS is PCI Data Security Standard (PCI DSS) certified for the ninth consecutive year. MEPS is a previous PCI Security Standards Council (PCI SSC) Board of Advisors representative from the Pan-Arab region, as a result of its participation in the stringent security standards that guarantee payment and credit card holders’ reliability and protection.
MEPS’ vision is to position itself as the premier leading hub for electronic and mobile payment solutions for financial institutions, corporations, SMEs and individuals across the Middle East by introducing advanced, innovative cutting-edge secure payment solutions.
MEPS’ mission is to maintain continuous progress and a pioneering standing within the local and regional card payment services industry, as well as to garner international recognition as a leading organization that is committed to best practices, unparalleled services and innovative technological solutions.
Outsourcing card and payment activities, as well as ATM management, to a trusted partner such as MEPS can enable banks, merchants, individuals and other organizations to focus on their core business, maximize profits and minimize risks. As the world inevitably heads towards a cashless society, this is one of the most critical relationships that a business can undertake. As a core component of its operations, MEPS seeks to establish successful, long-standing partnerships with major financial institutions and other organizations.
MEPS’ solutions are built on state-ofthe- art technologies in the fields of international payment systems and payment data hosting. By leveraging MEPS’ tailored, centralized and modular services, partners are able to offer their customers a full range of advanced electronic payment services.
MEPS utilizes industry experience and is driven by a team that includes key personnel whose backgrounds complement and complete one another’s to create a comprehensive understanding of financial needs on both the business and technical fronts.
