Middle East Payment Services (MEPS) – an innovative payment services provider in the Levant – announced an agreement with pioneering bus transportation firm and winner of the tender issued by the Ministry of Transport, Ahmad Aljogel Transportation Company, to provide university students with MasterCard prepaid Contactless Cards.
The Contactless Cards – which are the first of their kind in Jordan – will be issued by MEPS under a national program subsidized by the Ministry of Transport, to provide students with a quick, convenient, cashless, and secure method to settle their bus fare to and from their universities.
By virtue of the agreement, MEPS will install point-of-sale (POS) machines on all buses included in the program, subsequently minimizing the hassle of dealing with cash payments and ensuring optimum security for all involved parties. The program will commence at Al-Hashimiyah University, and will gradually grow to encompass other universities across the Kingdom in the next few years. During the first phase, Ahmad Aljogel Transportation Company has dedicated a total of 54 buses to the program.
“We are expecting 15,000 students from Al-Hashimiyah University to join the transportation program during the first year, and we have already teamed up with MasterCard to provide the students with an even faster payment method “Tap and Go”. At MEPS, we aim to provide all segments of the Jordanian community with state-of-the-art products and services that facilitate their daily activities and cater to their rapidly evolving needs. We are confident that this partnership with Ahmad Aljogel Transportation Company will bring us one step closer to fulfilling our goal and will yield positive results for all involved parties,” stated Dr. Jaber.
“We are excited to offer a new, more efficient way for students in Jordan to pay their bus fare using MasterCard Contactless prepaid cards issued in collaboration with MEPS,” said Basel El Tell, Market Manager, Levant, MasterCard. “MasterCard contactless technology will allow students to conduct this everyday transaction quickly and efficiently with just a tap of their card, saving them time and the hassle of fumbling with cash.”
The signing ceremony took place at MEPS’ headquarters, and was attended by MEPS Chairman, Dr. Abdul Malek Jaber; Basel El Tell, Market Manager, Levant, MasterCard; Waleed Alnaser, Associate Vice President of Business Development and Acceptance, MasterCard; Ahmad Aljogel Transportation Company Chairman, Ahmad Aljogel; Ahmad Aljogel Transportation Company CEO, Mahmoud Aljogel.
For more information, please contact:
Bidaya Corporate Communications
Tel: +962 6 5692008/9
Fax: +962 6 5692007
P.O.Box: 930391, Amman 11193, Jordan