What CSC Jordan does

CSC Jordan (legal name: CSCBank SAL) is a Jordan-based payment services and financial technology company that operates as the licensed Jordanian entity of the broader CSC Group (founded in Lebanon in 1992). Established in Amman on July 1, 2004 as a limited liability company through a partnership between the CSC Group and Al-Ameen Consulting Group (شركة الأمين للدراسات والاستشارات), CSC Jordan is regulated by the Central Bank of Jordan and is a principal member of Visa International, MasterCard International, and JCB International, plus an associate member of UnionPay Global. The group operates across 27 EMEA countries with 350 specialized staff supporting banks, financial institutions, merchants, corporates, and individual consumers through PCI DSS-certified payment infrastructure (certified 2013).

Name

CSC Jordan

Legal name

CSCBank SAL

Website

https://cscjordan.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

CSC Jordan is a Central Bank-licensed payment technology company in Amman providing ATM management, POS acquiring, card issuance (Visa, MasterCard, JCB, UnionPay, plus the exclusive Islamic Arabex card), and e-commerce processing for banks, merchants, corporates, and consumers across 27 EMEA countries.

Ownership category

akta.pro rank

Headquarters

HQ city

Amman

HQ country

Jordan

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Supply Chain, Others

Revenue model

1. Payment Processing and Transaction Fees: CSC charges merchants commissions on each withdrawal/purchase transaction processed through its POS networks and ATMs. The company processes and authorizes financial transactions, connects ATMs and point of sale (POS) networks, and manages clearing and settlement procedures for financial operations.
2. Card Issuance and Management Fees: CSC charges issuance fees, annual renewal fees, supplementary card fees, PIN reissue fees, card reactivation fees, and card management/account fees across its prepaid, revolving, and charge card portfolios. Specific fees vary by card type (e.g., prepaid card issuance 5 JD, card management 2 JD/month for prepaid).
3. Cash Withdrawal and ATM Fees: ATM cash withdrawal fees charged per transaction (e.g., 5 JD per ATM withdrawal inside Jordan for credit cards, maximum 250 JD per transaction). Currency exchange commissions of 3.50% apply on foreign currency transactions.
4. Merchant Acquiring Services: Revenue from merchant facilities including overdraft loans with flexible repayment schedules and revolving credit ceilings, call center services, e-portal access, and remote POS management (RPM) services.
5. Card Printing Services: Plastic card printing services for financial institutions, offering in-house printing capability to reduce operational costs for clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

CSC Jordan (CSCBank SAL) is a payment processing and card services company headquartered in Amman, Jordan, founded in 2004 as part of the CSC Group (founded 1992). The company provides end-to-end card issuance (Visa credit, prepaid, charge, revolving, and Islamic-compliant cards), ATM management, POS acquiring for merchants, and electronic payment gateway services. It operates across Jordan and 27 EMEA countries, serving banks, merchants, and individual cardholders with a full stack of issuing, acquiring, and processing capabilities.

Product overview

CSC Jordan operates as a comprehensive payment solutions provider offering a unified portfolio of card-based and payment processing services. The core product lineup includes Arabex (Islamic Visa credit card), Revolving Cards, Charge Cards, and Prepaid Cards - all available across major networks (Visa, MasterCard, JCB, UnionPay). These are supported by modular add-on services including ATM Management, POS Acquiring, CSC Digital Gate e-commerce platform, Merchant Added Value Services, Card Printing, Card Issuing and Management, Transaction Processing, Mobile Payment, and Issuer Added Value Services. The architecture combines card issuance and management capabilities with acquiring and processing infrastructure, providing end-to-end payment solutions for banks, financial institutions, and merchants across the MENA region.

Differentiator

Problem solved

Functional benefit

Brands

• Arabex: Islamic Visa credit card product offered by CSC Jordan, issued in accordance with Sharia principles with no interest or late fees.

Products and services

• Arabex Islamic Visa Card

Quantifiable outcome

• CSC operates across 27 countries in the EMEA region
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Aya for Electronic Payment Services (شركة أمنية لخدمات الدفع الإلكتروني)coreStrategic or Co-development Partner · 19 May 2021CSC Jordan signed a mutual cooperation agreement with Aya for Electronic Payment Services, a financial company licensed by the Central Bank of Jordan to provide mobile payment services. Under the agreement, CSC provides card issuance services (issuing various types of credit cards) and enables acceptance of cards on Aya's electronic wallets. This partnership supports Aya's financial inclusion objectives. The agreement was signed in the presence of Mr. Mohammed Tawabini, Managing Director of Aya, and Mr. Basem Dweik, Managing Director of CSC Jordan.
• Zamzam ExchangeminorChannel Partner/ Reseller/ DistributorZamzam Exchange is listed as an agent of CSC Jordan, providing exchange and remittance services to customers.
• CSC Group (CSCBank SAL)coreStrategic or Co-development PartnerCSCBank SAL was established in 1992 to service the card needs of banks in a specialized and cost-effective manner. CSC Group is a regional leader in processing payment cards and electronic payments, with a network of branches and processes across 27 countries in the EMEA region. CSC Group is supervised by Banque Du Liban, the Banking Control Commission of Lebanon, and the Special Investigation Commission.
• Al-Ameen Consulting Group (شركة الأمين للدراسات والاستشارات)coreStrategic or Co-development PartnerAl-Ameen Consulting Group specializes in consulting and training services across process reengineering, strategic planning, human resources, risk management, quality management, financial and management restructuring, feasibility studies, and establishing banks and companies. Al-Ameen is a co-founder of CSC Jordan alongside CSC Group.
• Visa InternationalcoreTechnology or IntegrationCSC Jordan is a principal member of Visa International, enabling issuance of Visa-branded credit cards, charge cards, and prepaid cards. CSC also launched the first mobile payment application in 2017 in collaboration with Visa using Tekonization technology.
• MasterCard InternationalcoreTechnology or IntegrationCSC Jordan is a principal member of MasterCard International, enabling issuance of MasterCard-branded credit cards including Titanium, Platinum, and World tiers across revolving and charge card categories.
• JCB InternationalcoreTechnology or IntegrationCSC Jordan is a principal member of JCB International. CSC began providing JCB ATMs and electronic payment devices in 2005 and became a principal member of JCB.
• UnionPay GlobalcoreTechnology or IntegrationCSC Jordan is an associate member of UnionPay Global. CSC became a principal member of UnionPay in 2010.
• Central Bank of JordancoreOthersCSC Jordan is licensed by the Central Bank of Jordan to provide electronic payment services. The company operates under regulatory supervision and compliance requirements of the Central Bank.

Scale indicators5 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• HPS (Hightech Payment Systems): Morocco-headquartered payment software and processing vendor serving banks and processors across MENA, EMEA, and globally. Comparable to CSC in providing card management, switching, and processing platforms.
• Network International: UAE-headquartered payment processor operating across MENA and EMEA, providing card processing, merchant acquiring, fraud and digital payment services. Directly comparable to CSC in serving banks and merchants with end-to-end payment infrastructure.
• Magnati: UAE-based payment solutions provider offering merchant acquiring, card issuance, and payment processing. Comparable to CSC in end-to-end issuer/acquirer services targeting banks and merchants in the MENA region.
• Arab Financial Services (AFS): Bahrain-based payment services provider offering card processing, merchant acquiring, and managed services across MENA. Closely comparable to CSC in business model and customer base (banks, merchants).
• Fawry: Egyptian electronic payments network offering bill payment, mobile wallet, and card acquiring services to merchants and banks. Comparable to CSC in operating an issuer/acquirer-style electronic payment platform in a MENA market.

Broad incumbents

• Mastercard: Global card network and payments technology company; CSC is a principal member of Mastercard. Comparable as the upstream network whose rules, products, and pricing shape CSC's card business.
• Visa: Global card network and payments technology company; CSC is a principal member of Visa. Visa is comparable as the upstream scheme that defines much of CSC's issuance and acquiring economics.

Regional players

• Mada: Saudi Arabia's national payment network and scheme, providing card and emerging digital payment services in the kingdom. Comparable to CSC as a domestic payment scheme/operator in a MENA market, though geographically distinct.
• Oman Electronic Payment Services (OEPS / OmanNet): Oman-based payment services company providing electronic payment processing and POS acquiring in the Omani market. Comparable to CSC as a regional payment services provider, though focused on a single Gulf market.

Emerging players

• Paymentology: Cloud-native card issuing and processing platform expanding into emerging markets including MENA. Comparable to CSC's card issuance and processing business, though newer and technology-led rather than a full-service acquirer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/csc_jordan
• Facebookfacebook.com/CSC-Jordan-1567315743328987
• LinkedInlinkedin.com/company/csc-jordan

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CSC Jordan