News

Always at the forefront of providing innovative and customer-centric financial technology (Fintech) payment solutions, Thawani Technologies (Thawani Pay) has recently received license from Visa, a global leader in payments. The license allows Thawani to issue Visa Prepaid Card, which is going to offer a branded, convenient, and secure cardholder experience, including Thawani brand-associated exclusive benefits. By adding this value proposition to its existing portfolio of digital payment solutions, Thawani further revamps the payment ecosystem and facilitates financial inclusion.

“We are proud to have successfully obtained this prestigious license from Visa, a renowned global leader in digital payments, enabling Thawani Pay to start issuing its own branded virtual and physical prepaid cards. This collaboration underscores our commitment to driving innovation and financial inclusion in Oman. We continue to disrupt the financial services landscape by providing customers with greater control and accessibility over their finances,” said Majid Al Amiri, Founder and Chief Executive Officer of Thawani Technologies in Oman.

Manish Gautam, Visa’s Country Manager for Oman, said, “We are delighted to have Thawani Technology join our mission to empower more consumers with innovative, secure digital payment solutions. At Visa, we are committed to fostering an environment that promotes an inclusive digital economy in the Sultanate, and this partnership with Thawani Technologies is a significant move in that direction.”

Founded in 2016, Thawani Technologies is an Omani company specialising in providing smart payment solutions while holding a global certificate in card security. Licensed by the Central Bank of Oman, the company has been providing innovative payment solutions in financial technology to expedite payments processes, improve user experiences, and make payments safer, faster, and easier. In addition to the basic payments system, Thawani Technologies provides innovative payment solutions to meet the needs and challenges institutions face. The company also provides services through its platform to pay bills, top-up credit, pay tuition fees, and social insurance. The company recently launched the updated version of its App, offering new products and significant improvements to its portfolio of services.