Visa Confers Achievement Award to BankDhofar

Visa Confers Achievement Award to BankDhofar

The Award recognizes BankDhofar’s efforts in enabling Visa’s Tap-To-Phone technology in Oman Muscat – BankDhofar, Oman’s leading financial institution, has been honored by Visa with an award for its outstanding achievement in enabling Visa’s Tap-to-Phone technology, commonly known as SoftPOS. BankDhofar’s dedication to implementing and promoting this innovative solution has not only enhanced the digital […]The Award recognizes BankDhofar’s efforts in enabling Visa’s Tap-To-Phone technology in Oman

Muscat – BankDhofar, Oman’s leading financial institution, has been honored by Visa with an award for its outstanding achievement in enabling Visa’s Tap-to-Phone technology, commonly known as SoftPOS.

BankDhofar’s dedication to implementing and promoting this innovative solution has not only enhanced the digital payment landscape in Oman but has also empowered local businesses to thrive in an increasingly digital economy.

Soft POS, or Software Point of Sale, is a paradigm shift in the way merchants handle transactions. Unlike traditional POS systems that rely on dedicated hardware, Soft POS leverages software applications running on android smartphones there by eliminating operational costs to the merchants. Any android smartphone can be used as a payment terminal and customers can get their receipts via an SMS reducing Carbon footprint.

The solution gives businesses access to a host of added benefits that