Muscat – In a disclosure on Muscat Stock Exchange, OIFC announced that the in-principle approval is contingent upon meeting specific regulatory conditions outlined by the CBO.
“This milestone aligns with OIFC’s strategic vision to expand its financial service offerings and contribute to Oman’s evolving digital payment ecosystem,” stated the announcement from the company CEO Said Ahmed Safrar.
The WPS is a vital initiative aimed at ensuring the timely and secure payment of wages to employees, and OIFC’s participation in this system represents a significant step forward in enhancing the country’s digital payment infrastructure.
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