NBO partners with Paymob to transform Oman’s payment ecosystem

NBO partners with Paymob to transform Oman’s payment ecosystem

National Bank of Oman (NBO) has entered into a ground-breaking partnership with Paymob, a leading Payment Services Provider (PSP) recently licensed by the Central Bank of Oman (CBO), to reshape Oman’s payment ecosystem. This collaboration further aims to empower SMEs and contribute to the nation’s vision for a robust digital economy. This partnership extends beyond […]National Bank of Oman (NBO) has entered into a ground-breaking partnership with Paymob, a leading Payment Services Provider (PSP) recently licensed by the Central Bank of Oman (CBO), to reshape Oman’s payment ecosystem.

This collaboration further aims to empower SMEs and contribute to the nation’s vision for a robust digital economy. This partnership extends beyond transactions, promoting financial inclusion through a diverse range of fintech solutions. It strategically positions Paymob in Oman, emphasizing the strength of the alliance.

Mohammed Yahya Al Jabri, Assistant General Manager – Head of Global Transaction Banking at NBO, stated that, “Our collaboration with Paymob accelerates the digitalization of payments in Oman, showcasing our commitment to financial innovation. This partnership is more than a transaction; it’s a commitment to addressing customer challenges and streamlining financial transactions. Together, we aim to empower fintechs and contribute to Oman’s digital transformation.”

This partnership also underscores NBO’s capacity