MUSCAT : According to data released by the Central Bank of Oman, the value of transactions through local electronic payment gateways reached approximately RO 3.2 billion in 2025, marking a substantial growth of 76.3 per cent compared to 2024.

The number of transactions also surged dramatically, climbing from 67 million transactions in 2024 to more than 168 million transactions in 2025, an increase of 150 per cent within a single year.

Point-of-sale (POS) devices also recorded robust performance during the year. Transactions through POS systems exceeded RO 7.5 billion, reflecting a growth of 33.2 per cent compared to the previous year. The figures underline the growing adoption of electronic payment methods across a wide range of commercial activities and retail sectors.

QR code payment technology emerged as the fastest-growing digital payment method in the Sultanate during 2025. The number of transactions using QR codes rose by 133.5 per cent, with transaction values reaching nearly RO 8 million, almost three times higher than in 2024.

Commenting on the figures, Nasra bint Sultan Al Habsi, Director General of Trade at the Ministry of Commerce, Industry and Investment Promotion, said the indicators reflect a tangible recovery in purchasing activity within the local market.

She noted that the rapid increase in both the number and value of transactions across commercial channels demonstrates stronger consumer demand and growing purchasing power in Oman. She added that the positive performance aligns with the ministry’s efforts to enhance spending flexibility, develop an attractive business environment, and support sustainable economic growth in local markets.

Meanwhile, Azza bint Ibrahim Al Kindi, Director of Commercial Affairs and E-Commerce at the ministry, said the sharp increase in electronic payment gateway transactions was supported by the significant rise in the number of transactions conducted digitally.

She explained that the figures point to a major transformation in consumer behaviour and increasing trust in digital payment channels. Al Kindi added that the availability of diverse payment options has made purchases easier and improved spending flexibility for consumers.

She further stressed that the continued rise in electronic transactions reflects growing public awareness regarding the security and reliability of digital payment methods, alongside increasing dependence on them across different commercial sectors.

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