Thawani Technologies (Thawani Pay), a licenced fintech payment service in Oman, has entered into a strategic partnership with Network International to support digital payments innovation and expand credit card capabilities in the country.
The partnership follows Thawani Pay’s recent progress in the card sector, including securing a Visa licence to issue credit cards.
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The agreement was signed by Thawani Pay founder and CEO Majid Al Amri and Network International managing director and co-head of processing (Middle East) Navneet Dave.
Majid Al Amri said: “Partnering with Network International strengthens our ability to deliver world-class card processing capabilities and scale our Visa-powered credit card roadmap with confidence.
“By combining Thawani Pay’s deep local market understanding with Network’s global standards and processing strength, we will deliver a seamless, secure, app-first card experience, supporting Oman’s shift towards a more cashless and digitally inclusive future.”
Under the deal, Network International will deliver credit card processing services to Thawani Pay. Thawani Pay will use it to support its credit card roadmap.
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By GlobalDataThe partners said they plan to combine Network International’s processing capabilities and regional infrastructure with Thawani Pay’s local market presence. They stated that the collaboration aims to introduce new payment propositions, support financial inclusion initiatives, and contribute to the country’s longer-term digital transformation agenda.
Navneet Dave added: “This agreement underscores Network International’s unwavering commitment to supporting the Omani market to actively shape the future of digital commerce and the government’s ambitious vision to digitise payments and services.
“We look forward to bringing our proven expertise to facilitate digital transformation through fintech and contribute to Oman’s evolving financial landscape.”
Notably, Oman’s digital payments activity has continued to rise as cashless adoption increases and regulation supports market development. Card and point-of-sale transaction volumes reached 432.9 million in 2024, according to figures cited in the announcement.
