UWallet Service Launched Within Menaitech System

Menaitech launched the electronic UWallet service within its payroll system MenaPay. The service enables Menaitech clients in Jordan to pay their employees’ salaries with ease and reduced commissions and offers them several other features.

A Memorandum of Understanding was signed by Menaitech founder and CEO, Dr. Bashar Hawamdeh, and the CEO of UWallet, Dr. Ala’a Nsheiwat, launching an integration that allows users of the Menaitech system to transfer financial dues to multiple parties, including banks and other electronic wallets, as supervised by the Central Bank of Jordan. The partnership also enables Menaitech customers to use secure and discounted chargeable cards, which simplifies the management process of business trips.

Dr. Bashar Hawamdeh praised the partnership as well as the features and services of the electronic wallet, adding, “In a fast world that is not devoid of complexity, we seek to facilitate daily transactions for our customers through comprehensive and creative solutions. We work to make these solutions within everyone’s reach, on one screen, with the tap of a cell phone button, anywhere, and at any time.”

Dr. Ala’a Nsheiwat also praised the partnership with Menaitech, adding that e-wallet services offer many advantages, including convenience, security, and efficiency through encryption and two-factor authentication, which protects the user’s data and financial operations. He also referred to the role of e-wallets in enabling users to track and analyze their expenses, while promoting better budget management.

Menaitech aims to continuously lead in innovating human resource management and payroll solutions, using the latest global technologies and accommodating them to local requirements and policies. It serves more than two million users in more than 3,500 organizations across 19 countries in the Middle East and Africa.

Providing users with new, secure, and easy means to make instant electronic financial transactions, UWallet continues to enable them to use their mobile devices to conduct payment, purchase, and transfer operations directly. The UWallet application reduces the need to deal with paper and metal cash and the risk of losing it, in addition to other advantages, bringing great benefit to segments of society who have no access to the banking sector.