Circular No. 10 of 2025: Launch of the Digital Financial Identity System iDplus

Palestine Monetary Authority

Circular No. (10 / 2025)
To all payment service companies operating in Palestine Date: Wednesday, June 04, 2025

Subject: Launch of the Digital Financial Identity System iDplus

In the context of the Palestine Monetary Authority's efforts to implement its strategy aimed at digital transformation and developing the infrastructure of the Palestinian financial sector, and enhancing the integration of financial technology into the banking industry, it has been decided to launch the Digital Financial Identity System iDplus in two phases as follows:

• Phase One: Pilot Launch: June 21, 2025, targeting the testing of the system through the registration of company employees.
• Phase Two: Official Go-live: June 23, 2025, with the official date to be announced upon the completion of Phase One.

Accordingly, all companies are requested to comply with the following during Phase One:

1. Encourage all company employees to create a digital financial identity through the new system.
2. Report to us daily on any comments, difficulties, or technical or operational problems encountered during the registration process, via the following email address: malagha@pma.ps

We confirm that this pilot phase represents a fundamental step in ensuring the success of the official launch, as it provides an opportunity to address any potential challenges before rolling out the system on a wide scale.

Supervisory Group
Palestine Monetary Authority

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Ramallah & Al-Bireh Governorate - Palestine P.O. Box 452 Ramallah & Al-Bireh Governorate - Palestine Postal Code: P6160675 | Phone: +970 2 2415251 | Fax: +970 2 2415310 | info@pma.ps