QNB Oman and AmwalPay have announced the signing of a strategic partnership agreement aimed at enhancing digital payment acceptance services and supporting businesses and merchants across the Sultanate of Oman through advanced payment solutions and modern acquiring capabilities.
The agreement was signed by Khalid Mohammed Al Barwani, Chief Executive Officer (CEO) of QNB Oman, and Khuzi Abdullah Al Rawas, Chief Executive Officer (CEO) of AmwalPay, in the presence of representatives from both organizations.
The partnership reflects both organizations’ commitment to advancing payment acceptance services and driving innovation within the financial sector, in line with the rapid growth of digital commerce and electronic payments across Oman and the wider region.
QNB Oman is part of QNB Group, one of the largest financial institutions in the Middle East and Africa, with a strong international presence and an extensive network spanning multiple global markets, reinforcing its position as a leading provider of innovative banking and financial solutions.
AmwalPay is recognized as one of the region’s leading payment technology providers, having developed its entire payment infrastructure and technology stack in-house. The company delivers a comprehensive platform covering the full payment lifecycle, including Payment Gateway services, POS solutions, merchant acquiring capabilities, merchant management, payment processing, settlement and reconciliation, split payment capabilities, refund and cancellation management, risk management, sanction screening, compliance controls, and digital payment operations. In addition, AmwalPay provides a fully integrated TMS platform that enables financial institutions and merchants to efficiently manage and monitor their payment acceptance ecosystem.
AmwalPay delivers its solutions to banks, financial institutions, and enterprises through a Software-as-a-Service (SaaS) model, enabling rapid deployment, scalability, and continuous innovation while maintaining the highest standards of security and regulatory compliance.
The partnership brings together QNB Oman’s financial expertise and AmwalPay’s end-to-end payment infrastructure, creating a stronger acquiring ecosystem and delivering next-generation payment capabilities for merchants and businesses across the Sultanate of Oman.
