OMPay launches international remittance service to enhance cross-border payments
By Delisha Fernandes
OMPay, a mobile-based merchant app, providing cashless payment solutions for local businesses, has launched a new feature to its portfolio, international remittance through the app.
OMPay’s Digital Wallet is designed to cater to the diverse demographic population of the country. The mobile app offers a wide range of convenient services for sending and receiving payments. This new feature helps OMPay to provide advanced FinTech solutions.
Abdulaziz Al Rawahi, CEO of OMPay, said, “We are constantly evolving and enabling international remittance through the digital wallet was part of our vision. We have successfully achieved it.’’
The international remittance option is available in 9 countries, including Bangladesh, India, Indonesia, Kenya, Nepal, Pakistan, Philippines, Sri Lanka, and Uganda. Users can choose either the cash pickup option through designated agents or have the funds directly transferred to the recipient’s digital wallet or bank account, instantly.
This facility can be beneficial for students residing abroad. Family members who wish to send money to their loved ones can avoid travel and wait time to and from exchanges, avoid hefty service charges, and avail of competitive exchange rates through OMPay. The OMPay mobile app is a unique solution providing a seamless payment experience. Fast, secure, and reliable methods have been utilised to bring this facility to the Omani citizens and expat population.
IBSi Daily News Analysis
January 16, 2024
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