MUSCAT: As part of Oman Vision 2040, all shopping malls, and other commercial enterprises must be obligated to offer customers the option of making cashless (electronic) payments for goods and services from January 1, 2022.
In a statement issued by the Ministry of Commerce, Industry and Investment Promotion (MoCIIP) said the first phase will cover activities in industrial areas, shopping complexes, commercial centers, gift markets, food sales, gold and silver sales, restaurants and cafes, fruits and vegetables, in addition to transactions involving electronics, building materials, and tobacco.
“Providing the service without installation fees or monthly or annual fees for private sector institutions and commitment only to merchant transaction fees specified by the Central Bank of Oman,” the statement from MOCIIP added
Read More
- Bilarab bin Haitham Initiatives to host Muscat Art 2026 featuring over 300 artists
- HH Sayyid Theyazin to accompany His Majesty on UK state visit, his first since appointment as Deputy PM for Economic Affairs
- Tropical depression forms over Arabian Sea; no direct impact on Oman expected
- Consumer gets RO 1,500 refund after contractor dispute in Oman’s North Al Batinah
- Oman and Lebanon sign MoU to boost agricultural cooperation and food security
