Oman sees explosive rise in instant payment solutions Finance

Oman sees explosive rise in instant payment solutions

Muscat: The Sultanate of Oman is experiencing an explosive rise, driven by mobile and instant payment solutions, which also underscores the need for robust cybersecurity and regulatory safeguards to maintain the integrity of its financial system. According to the Financial Stability Report 2025, the Mobile Payments Clearing and Switching System (MPCSS) experienced the strongest growth among all […]

Instant payments are here to stay in Oman Finance

Instant payments are here to stay in Oman

Muscat: The Sultanate of Oman is seeing a big surge in the use of Instant Payment Systems (IPS) in 2025, according to the latest overview of the performance of the national payment systems in the second half of 2025, compared to 2024 during the same period. Instant payment systems enable real-time electronic fund transfers, allowing […]