‘Maal’ not launched for the public, CBO refutes rumours Finance

‘Maal’ not launched for the public, CBO refutes rumours

Muscat: The Central Bank of Oman (CBO) clarified on some messages and information claiming that it is possible to obtain the local “Maal” card through unlicensed individuals or entities. “We would like to emphasize that the “Maal” card has not yet been launched in the local market, and that the date of its issuance will […]

Banks set to launch Maal card Finance

Banks set to launch Maal card

Muscat: Major banks in the Sultanate of Oman have indicated that they will be launching the Maal debit and credit cards. This Central Bank of Oman-initiated local card, to be launched in cooperation with six local banks, aims to strengthen the national payments system and the independence of the financial infrastructure. Bank Muscat, Sohar International, […]

Pilot launch of Maal card on Nov 20, CBO announces fee structure Finance

Pilot launch of Maal card on Nov 20, CBO announces fee structure

Muscat – The Central Bank of Oman (CBO) has announced the approved fee structure for the national payment card “Maal” consumer Debit and Prepaid card.  The announcement of the “Maal” card fee structure comes in conjunction with the announcement of the pilot launch of the card on November 20, coinciding with the celebration of Oman’s […]

Pilot launch of Maal card on Nov 20, CBO announces fee structure Finance

Maal: Oman has its own national payment card

Muscat: The Sultanate of Oman on Thursday pilot-launched the national payment card, Maal, coinciding with the celebration of Oman’s National Day. The initiative aims to strengthen the national payments framework by reducing costs for banks, merchants, and payment service providers (PSPs), while expanding the use of digital payment methods across various economic sectors. The approved […]