MUSCAT: The Central Bank of Oman (CBO) has granted initial approval to Oman National Engineering and Investment Company (ONEIC) for providing e-payment services.
In a statement issued to Muscat Stock Exchange, ONEIC said the final approval “shall be obtained when ONEIC fulfills the regulatory requirements within six months.”
“ONEIC considered this step as qualitative leap in its e-payment services and is in line with the Sultanate’s approach towards opening the new gateways to the people and companies for electronic payment,” the statement said.
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“In this regard, ONEIC has adopted various important initiatives that are crowned by this in principle approval which no doubt shall have great influence on the company’s e-payment activities.
