Listen
News

Jordan Kuwait Bank Launches point of sale “POS” Financing Product and E-Commerce

Jun 1, 2022
Jordan Kuwait Bank (JKB) has announced the launch of the POS Revenue Financing Program; one of the most prominent and quick financing solutions aimed at supporting and meeting the business development needs of small and medium-sized enterprises (SMEs). ““Point-of-Sale Financing” is a financing program that accounts to 70% of facility sales through POS devices and electronic payment channels. The value of the financing provided by JKB inflates by increasing the sales of the facility, with flexible rates suited to all SMEs, with the possibility to buy their debts from other banks, with a repayment period of up to 12 months. The launch of the program compliments JKB’s strategy of delivering the best to its customers, keeping abreast with latest developments, updating products and services, and constantly striving to launch new products and banking services to the market. Jordan Kuwait Bank is proud of its outstanding efficiencies to provide a comprehensive package of innovative and flexible investment products and solutions simultaneously, as well as its outstanding ability to provide banking and commercial services.