National Bank of Oman announces strategic partnership with UnionPay to drive mobile payments

National Bank of Oman announces strategic partnership with UnionPay to drive mobile payments

MUSCAT, Oman – National Bank of Oman (NBO) and UnionPay International have entered into a strategic partnership to introduce contactless mobile payments in Oman. Under this strategic partnership, NBO will become the first bank in Oman to launch UnionPay acceptance and will enable all its terminals for accepting UnionPay contactless payments where cardholders can use their mobile wallet, like ApplePay, and mobile banking app or contactless cards. As a result of this partnership all major merchants in Oman will be able to offer UnionPay contactless payment to customers. UnionPay contactless payment solution provides the most cost effective, secure, and seamless payment experience at the point of acceptance for merchants and cardholders.

This tap and go payment experience will also empower merchants to accept cards not only issued from China, but also from a growing network of 75+ countries where UnionPay has established a strong card issuance business. UnionPay is the largest payment scheme in the world with its acceptance network spread across 180+ countries.

Tariq Atiq - Chief Retail and Digital Banking Officer at NBO commented: "NBO is the first local bank in the Sultanate of Oman, and today we are proud to announce that NBO is the first bank to launch