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Mastercard, uwallet and Jordan Post Launch BareedPay Co-Branded Card in Jordan

The card will be offered through Jordan Post's more than 400 branches and is aimed at underserved communities, small businesses and expatriates who use few digital payments.

By Nakoda News Desk

·1 min read

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Mastercard, the Jordanian digital wallet provider uwallet and Jordan Post Company have launched BareedPay, a co-branded card programme intended to widen access to digital payments in Jordan, according to Fintech News Middle East.

Under the arrangement, uwallet issues and powers the card, Mastercard provides its global payments network, and Jordan Post offers the service. Cardholders will be able to shop online, pay government fees and settle bills. The programme also includes prepaid and multi-currency products, peer-to-peer transfers and cross-border remittances, as well as support for small businesses and merchants.

The partners are relying on Jordan Post's network of more than 400 branches to reach people who are outside the formal banking system. The target groups are underserved communities, small businesses and expatriate workers. The partners also said the card would support the modernisation of government payment programmes, in line with Jordan's digital transformation plans.

"This collaboration allows us to better serve communities across Jordan and play a key role in advancing the Kingdom's digital economy," said Sami Al-Dawood, chairman of Jordan Post Company.

Saud Swar, Mastercard's country manager for Saudi Arabia, Bahrain, Jordan and the wider Levant, said the company works with fintech and government-backed programmes in Jordan "as part of our commitment to driving payments innovation and financial inclusion."

The launch follows a pattern seen across the region, where card networks and fintech firms work with postal operators and other state-linked bodies that already have large physical networks. The aim is to bring cash-reliant customers into digital payments without each provider building its own branches. In Jordan, remittances and government payments are among the most common transactions for lower-income households, and the card's mix of cross-border transfers and bill payment is aimed at those uses.

The partners did not disclose fees, eligibility rules or adoption targets for the programme.

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