BIG BROTHER Banking Across the Globe
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12/13/2012 09:26 AM
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[link to jordantimes.com]
The experts said e-payment usage is likely to boom due to the rise in the number of Internet users and mobile phone holders in Jordan and the rest of the region.”The Middle East is one of the regions that witnessed fast growth in volumes of e-commerce… and there is a huge demand for platforms that enable people to make online payments, whether through accessing the Internet or their mobiles,” Elias Ghanem, managing director of PayPal Middle East and North Africa, said at the Electronic and Mobile Payment Conference.
The total volume of e-commerce in the region is expected to reach $9 billion by the end of 2012 and $15 billion by the end of 2015, Ghanem noted during the conference, organised by the ICT Association of Jordan (int@j) in cooperation with the Ministry of Information and Communications Technology.
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