Jordan Kuwait Bank has signed a Memorandum of Understanding (MoU) with Yaseer United for E-Commerce, a leading B2B e-commerce and fintech platform, in a step aimed at launching strategic programs that support the development of supply chains and expand innovative digital payment solutions in the Kingdom. The MoU was signed at the Bank’s headquarters by Zuhdi Al Jayyousi, ‏Chief Banking Officer at Jordan Kuwait Bank, and Tarek Yaghmour, Co-Founder and CEO of Yaseer United for E-Commerce.

The MoU aims to develop innovative solutions and expand pioneering financial services in inventory management that will enable suppliers and companies to manage their operations with greater flexibility and efficiency. It also ensures cash flow continuity and reduces risks associated with supply operations. A central strategic dimension of the agreement is the creation of new methods for inventory management, allowing companies, particularly small, medium, and emerging enterprises, to enhance operational efficiency, improve demand forecasting, and reduce resource waste. This in turn contributes to building a more resilient and sustainable supply chain, better able to adapt to market fluctuations and supply challenges.

Amid global shifts away from traditional payment tools, this partnership seeks to strengthen trust between suppliers and buyers by providing safe and reliable solutions. This ensures uninterrupted sales and purchases, offering suppliers, traders, and customers a smoother and more secure experience. The collaboration will also help safeguard supplier interests and encourage them to continue operations without fear of default risks, backed by the guarantee of the Bank.

The agreement also focuses on supporting startups by providing financial and technological solutions that meet their evolving needs, helping them expand their activities and strengthen their presence in local and regional markets, thereby cementing their role as key drivers of economic growth.

As part of the partnership with Yaseer, the Bank will also enhance the digital payment ecosystem. Through its integrated digital services under JKB Pay, Jordan Kuwait Bank will enable merchants to benefit from faster, safer, and lower-cost payment experiences. These include corporate payment management systems, instant payment services (CliQ) that allow funds to be received through “payment requests” or QR codes, as well as mobile payment services. The partnership will help expand the use of e-payment services, increase merchant access to new customer segments, and support the growth of Jordan’s digital economy.

Following the signing, Jayyousi stated, “This MoU with Yaseer reflects our commitment to supporting the national economy by developing advanced financial and technological tools, while delivering added value to companies, suppliers, and customers. We believe that smart, innovative inventory management will be a turning point in enhancing corporate resilience and growth in today’s competitive market.”

From his side, Yaghmour said, “This partnership with Jordan Kuwait Bank represents a strategic step towards reshaping the landscape of trade and inventory management in Jordan. By combining our expertise with advanced banking solutions, we aim to create a more efficient and secure environment for startups, suppliers, and traders alike.”

Both parties concluded by emphasizing that this MoU marks the beginning of a long-term partnership built on innovation and a shared commitment to supporting digital transformation and the national economy, reinforcing Jordan’s position as a regional hub for e-commerce and modern payment solutions.

It is also worth noting that Yaseer is one of the first Jordanian platforms specializing in B2B e-commerce and fintech, connecting manufacturers, suppliers, and traders through innovative digital solutions while developing an integrated payment ecosystem that facilitates goods movement and enhances supply chain efficiency.