Central Bank of Oman announces fee waiver for local digital transfers Finance

Central Bank of Oman announces fee waiver for local digital transfers

Muscat: In line with the Royal Directives of His Majesty Sultan Haitham bin Tarik to enhance the efficiency of government and financial services, improve the business environment, advance digital transformation and stimulate economic growth, the Central Bank of Oman (CBO) has announced the implementation of comprehensive reforms to National Payment Systems fees. The reforms include […]

Apple Pay, Samsung Pay, mobile transfers: How customers make payments in Oman Finance

Apple Pay, Samsung Pay, mobile transfers: How customers make payments in Oman

Following the launch of guidelines for card tokenisation in 2023, international and local payment applications like Samsung Pay and Apple Pay were launched in the Sultanate. According to the Central Bank of Oman’s annual report, these applications allow users to make payments using smartphones and smart watches, instead of carrying cards. Samsung Pay was launched […]