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MUSCAT: Bank Muscat, the leading financial services provider in Oman, has affirmed its readiness and alignment to promoting financial inclusion and digital payments across the...
The following Q&A, originally published for Lexis Middle East, answers important questions regarding the laws and regulations governing Banking in Oman.
Real-time payment solutions in the offing 1118930 SHARE The real-time payment solutions in Oman is to give an entirely new dimension to automation of various clearing house services to the banks and their customers in the Sultanate. The projects, which are under active consideration of the Central Bank of Oman, are equipped with handling sophisticated functionalities and processing needs of all the banks operating in the country. A senior official of real-time payments solutions company ProgressSoft termed these projects as major steps for the Sultanate’s finance sector ...