IFC, IrisGuard to Support Financial Inclusion and Syrian Refugees in Jordan

Date: 
15 Feb 2018

International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement with IrisGuard, a Jordanian company specializing in iris-scanning technology, to help boost financial inclusion and improve the lives of Syrian refugees in Jordan and the region. 

IFC will help IrisGuard expand the reach of its iris-based e-payment solutions, designed to help refugees and vulnerable displaced populations access cash or goods quickly and easily. With IFC support, IrisGuard will develop and roll out new iris recognition point-of-sale devices throughout Jordan and the region. More than 2.3 million Syrian refugees in Jordan and the region are registered in the system so far, allowing them to simply use their eyes to withdraw cash at selected ATMs or pay for goods at participating stores.

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Country: 
Jordan