MUSCAT : Amidst online chatter, the bank confirms that merchants, not customers, are responsible for payment processing fees when transactions are made via the merchant’s Quick Response (QR) Code. This method proves to be the most cost-effective compared to other payment options.
In contrast, a fee of 100 baisas only applies to transfers between different banks and does not impact store purchases. The bank emphasizes the importance of verifying information through reliable sources to avoid misinformation.
For all the latest news from Oman and GCC, follow us on Twitter, Instagram and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Read More
- Sohar International signs three strategic agreements at the Investment Partnerships Horizons Conference, strengthening connections across Asia-Pacific
- Central Banks buy 321 tonnes of Gold in Q3, lifting 2026 demand to 675 tonnes: World Gold Council
- Oman’s trade surplus rises to RO 6.5 billion by end of August 2026
- Oman’s Nama signs deal with China’s State Grid for 1 GW battery storage projects
- Bank Muscat at Oman Science Festival: Towards advancing community driven by innovation, technology and knowledge
