Alawneh Exchange launches Alawneh Pay on Digibanc

Alawneh Exchange has launched Alawneh Pay, a digital wallet built with Codebase Technologies on the Digibanc platform, as Jordan’s mobile wallet and instant payment usage continues to rise. The rollout is aimed at speeding Alawneh Exchange’s digital transformation and positioning the company for growth in MENA’s expanding digital payments market.

Why it matters: - Alawneh Pay gives Alawneh Exchange a new digital wallet platform to modernize customer services in Jordan. - The launch comes as Jordan’s digital payments usage is growing quickly, and the broader MENA market is projected to keep expanding. - The rollout could help Alawneh Exchange compete in faster-growing fintech and digital payments channels.

What happened: - Alawneh Exchange launched Alawneh Pay, a next-generation digital wallet developed with Codebase Technologies on the Digibanc fintech platform. - The launch was announced in Amman, Jordan, on June 24, 2026. - Alawneh Exchange described the rollout as a major milestone in its digital transformation journey.

The details: - Jordan Payments and Clearing Company data cited in the release shows mobile wallet users in Jordan reached 2.59 million by the end of 2024. - Instant payments usage in Jordan climbed to 3.48 million by the end of 2024. - Digital transaction volumes in Jordan rose 77% year over year to 224.6 million in 2024. - MENA digital payments are projected to reach $462.41 billion by 2031. - Alawneh Exchange said Alawneh Pay is designed to help customers access and manage financial services more easily. - The wallet uses Digibanc’s modular, API-driven architecture. - The platform includes pre-built solution components that can be customized for local requirements. - Alawneh Exchange said the setup reduces launch time and development costs. - The platform is built to support integration with billers, card processors, and remittance networks. - Codebase Technologies said Digibanc will support new services, integrations, and revenue streams as Alawneh Pay scales.

Between the lines: - The launch signals a shift from traditional exchange services toward a broader digital financial services model. - A modular banking platform can give Alawneh Exchange faster rollout cycles than building every feature in-house. - The wallet could become a base for future partnerships and product launches if adoption grows.

What's next: - Digibanc will continue to power Alawneh Pay’s roadmap. - Alawneh Exchange expects to deploy new digital products and expand collaboration with fintechs and third parties. - The company is aiming to keep pace with rising customer expectations in Jordan’s payments market.

The bottom line: - Alawneh Exchange is betting that Alawneh Pay will help turn a legacy financial-services brand into a stronger digital payments player in Jordan.