Ministry of Finance issues circular on collecting revenue through smartphones

Ministry of Finance issues circular on collecting revenue through smartphones

Oman

Tuesday 24/November/2020 13:23 PM

By: Times News Service

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Muscat: The Ministry of Finance has issued a circular, No. 22/2020, on collecting Government revenue through smartphones.

"All Ministries and Government units are directed to accelerate the application process of collecting Government revenue through mobile payment system by using banking services applications and e-wallets, in coordination with the banks dealing with the Ministries and Government units," a statement by the ministry said.  

It is worth noting that the Central Bank of Oman (CBO) had issued an announcement in October last year concerning the Mobile Payment Clearing and Settlement System, besides the prescribed procedures for launching Government revenue collection service by using mobile payments and QR code-based payments.