You can convert Jordan or US cash to Israeli at the booths once you have cleared customs. You may need to check in the Jordan side for ones open. Taxis in Israel are metered!
Have your paperwork ready and make it through either direction in under 5 minutes. Be cooperative with security, they are just doing their job to keep you safe!
There is a small counter near the parking lot that gives VAT refund for tourists that bought stuff in a tax free authorised shop, have the original invoice and have the appropriate form. Cash money!
With Jordan Pass only(but no Jordan visa), you need stay at least 4 days(3 nights) in Jordan, otherwise you have to pay 60JD each person when leaving Jordan. Sad. 💩
I used the driver Mohammad for two days. He got me from the Eilat border to petratouristdriver.aqaba@gmail.com http://www.tripadvisor.com/ShowTopic-g293985-i2131-k4557337-Driver-Jordan.html
Don't believe the horror stories about hour long waiting times and the rumor that you can't cross the same border twice without having crossed somewhere else. Some travel guides spread this!
Sobald man auf der Jordanischen Seite ankommt, ist man in einer anderen Welt......und nicht in der wo man höflich oder nett behandelt wird von der jordanischen Polizei.