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🇯🇴 CliQ vs 🇷🇺 SBP

Jordan vs Russia · Real-time payment systems compared

🇯🇴 CliQ

Jordan
2025 Transactions167.9 million
2025 Value (USD)$28.2bn
Volume YoY+100.1%
Launched2020
OperatorJoPACC
SettlementInstant

🇷🇺 SBP

Russia
2025 Transactions18.2 billion
2025 Value (USD)$1.1tn
Volume YoY+35.8%
Launched2019
OperatorCBR / NSPK
SettlementInstant

Key differences

Infrastructure comparison

CapabilityCliQSBP
QR Code Payments
Wallet Support
24/7 Availability
Cross-Border
ISO 20022
Request to Pay
Open API
Alias/Proxy

About each system

CliQ

Jordan's national instant retail payment service, operated by JoPACC (Jordan Payments and Clearing Company) under Central Bank of Jordan oversight since 2020. Enables 24/7 real-time transfers between accounts at all licensed banks and payment service providers via CliQ alias (mobile number or user handle) instead of IBAN. Supports person-to-person and person-to-merchant transfers with a companion merchant QR standard and Request-to-Pay features. Domestic-only rail priced at cost recovery under CBJ pricing rules. 2025 volume doubled year-on-year (83.9M to 167.9M transactions), among the fastest-growing RTP systems globally.

SBP

Russia's System of Fast Payments (Sistema Bystrykh Platezhey, SBP) is the national instant-payments scheme launched by the Bank of Russia and NSPK in January 2019. It enables 24/7 real-time interbank credit transfers addressed by mobile phone number, plus QR-code payments to merchants (C2B), payouts from businesses to individuals (B2C), and cross-border transfers to CIS and friendly countries. The Bank of Russia acts as operator and settlement centre; NSPK provides operational and clearing infrastructure. Systemically important banks are mandated to participate; consumer transfers up to RUB 100,000/month are fee-free. Data transparency has decreased somewhat since 2022; the CBR continues to publish quarterly aggregate SBP statistics.

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