Yobos system to add 70,000 users in September
The Palestinian Finance Sector has launched the "Yibous" application to enable employees and retirees to use a portion of their entitlements to pay for essential services such as electricity, water, and telecommunications. Following a successful pilot phase that benefited over 53,000 employees and resulted in the payment of approximately 200,000 bills worth 18 million shekels, the application is now expanding to include around 70,000 beneficiaries. This group includes civilian and military retirees as well as contractual employees. Registration is being carried out gradually to reduce pressure on service centers, with a focus on linking the application to municipal and governmental services. There are plans to eventually transform it into a government electronic wallet, aiming to improve the management of government payments and reduce reliance on cash.
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