Jordan Ahli Bank launches Qawn, a social payment app

By Leandra Monteiro

Jordan Ahli Bank announced the launch of Qawn, Jordan’s first social payment app, changing the way users send and receive money through built-in chat capabilities.

Qawn runs on Vault Core, the cloud-native core banking platform built by the banking technology company Thought Machine. Vault Core’s Universal Product Engine allows financial institutions to build and launch any financial product to meet customers’ specific needs, as Jordan Ahli Bank has delivered with Qawn. Vault Core operates in real time and integrates seamlessly with other technology platforms through APIs.

Paul Taylor, CEO and founder of Thought Machine said, “We are delighted to partner with Jordan Ahli Bank – both the bank and Thought Machine share the same vision for the future of financial services. There is a huge opportunity to transform the way financial services are delivered across the Middle East – with modern technology at the forefront. Bringing Qawn to the market is just the start – we look forward to expanding our partnership with Jordan Ahli Bank to bring further innovative financial solutions to Jordan and elsewhere in the MENA region.”

Qawn’s user-centric approach allows individuals to send and receive money, request payments through chat, or use QR (Quick Response) scan for hassle-free financial management. With support for both Arabic and English languages, Qawn is accessible to a diverse user base.

Dr. Ahmad Alhussien, CEO of Jordan Ahli Bank, added, “We are committed to enhancing our users’ financial experiences and wealth by guiding them towards prosperity and growth. Our brand strategy revolves around honesty, transparency, and addressing real-life issues by actively listening to our users.”

One key feature of Qawn is its integration with CliQ, a local payment switch in Jordan, enabling businesses to accept payments at a reduced cost. The app also empowers Jordanians to open a bank account remotely without the need to visit a branch, with a streamlined onboarding process that takes only five minutes to complete.

Qawn also caters to businesses of all sizes, offering seamless integration with CliQ to accept payments and manage finances effectively. Business users can easily download the app on any device and complete the onboarding process in a matter of minutes.