Jordan Kuwait Bank has announced its partnership with the International Air Transport Association (IATA) to provide clearing bank services for the Billing and Settlement Plan (BSP) and Cargo Accounts Settlement Systems (CASS). Integral to this partnership is the inclusion of IATA EasyPay, a "pay as you go" e-wallet solution that allows agents to issue tickets via the BSP, underscoring its closed-loop and proprietary payment design. This new collaboration highlights JKB's commitment to providing industry-leading banking solutions tailored to the specific needs of its clients.
Commenting on the partnership, Mr. Haethum S. Buttikhi, CEO of Jordan Kuwait Bank, said, "We are proud to extend our banking expertise and innovative solutions to IATA. This partnership represents an important milestone for us, highlighting our efforts and commitment to revolutionizing banking experiences through strategic alliances."
Through this collaboration, Jordan Kuwait Bank offers tailored banking services to a range of esteemed customers in the aviation and air cargo industry. This sector has experienced growth particularly following the Covid outbreak, which has led to an increased demand to air cargo services. By partnering with IATA, JKB aims to establish a platform that addresses the evolving needs of Jordan’s aviation sector.
