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Thawani Pay Partners Network to Expand Digital Payments

Thawani Pay Partners Network to Expand Digital Payments

Thawani Pay Network International partnership signing

Thawani Technologies LLC, operating as Thawani Pay, has entered a strategic partnership with Network International to advance digital payment innovation and expand credit card capabilities in Oman. As the first non-bank payment service provider licensed by the Central Bank of Oman, Thawani Pay continues to strengthen its role in the country’s evolving fintech landscape. Through this collaboration, both companies aim to accelerate the shift toward secure, scalable, and widely accessible digital payments.

Advancing credit card infrastructure in Oman

Building on its recent momentum, Thawani Pay has become the first fintech in Oman to secure a Visa license to issue credit cards. As a result, the partnership focuses on enabling a robust credit card roadmap supported by enterprise-grade processing infrastructure. Under the agreement, Network International will deliver comprehensive credit card processing services, which will allow Thawani Pay to scale its offerings with greater reliability and security. At the same time, the arrangement expands Network International’s processing footprint within the Omani market.

Supporting national digital transformation goals

Aligned with Oman Vision 2040, the partnership supports broader objectives around digitalisation and economic diversification. By combining Network International’s regional processing expertise with Thawani Pay’s local market leadership, the collaboration is positioned to introduce new payment propositions across the Sultanate.

Consequently, the initiative is expected to strengthen financial inclusion while encouraging wider adoption of cashless transactions. In addition, the focus on app-first and customer-centric payment experiences supports long-term digital transformation across both consumer and merchant segments.

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Market context and growth outlook

Oman’s digital payments market continues to expand, supported by regulatory enablement and rising consumer adoption. In 2024, card and point-of-sale transaction volumes reached 432.9 million, with a total value of OMR 6.88 billion. As a result, demand for secure and scalable payment infrastructure continues to grow nationwide. Through this partnership, Thawani Pay and Network International are positioned to contribute to this momentum, supporting a more connected, efficient, and digitally driven payments ecosystem in Oman.

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