Prepay Nation, a leading global B2B marketplace for prepaid products, has entered into a strategic partnership with Oman Investment and Finance Company (OIFC) Khedmah. Established in 1979, OIFC is a key player in the Sultanate of Oman, specializing in billing, collection, and debt factoring services across electricity, water, and telecommunications sectors.
Prepay Nation, operating in over 150 countries and partnering with more than 500 mobile operators and digital brands worldwide, enables secure prepaid transactions, such as mobile top-ups, data plans, digital gift cards, and utility bill payments. Through this partnership, users of the Khedmah app in Oman will now have access to Prepay Nation’s extensive catalog of international e-gift cards and prepaid services, including mobile recharge, entertainment subscriptions, gaming vouchers, and more.
According to the latest 2024 data, Oman’s population stands at 5.28 million, with expatriates comprising 43.25% of the population. The country sees an annual remittance outflow of USD 6.7 billion, highlighting the need for efficient international value transfers. The international mobile top-up market in Oman is valued at USD 27 million, with a Serviceable Addressable Market (SAM) of roughly USD 2.7 million—a segment now made more accessible through this collaboration.
Paolo Montessori, CEO of Prepay Nation, emphasized the significance of the partnership, stating, “At Prepay Nation, we believe digital connectivity is not just a convenience, but a catalyst for economic empowerment. This collaboration with OIFC Khedmah reinforces our commitment to making essential prepaid services universally accessible, driving financial inclusion across Oman by enabling secure access to global digital value.”
Mr. Saud Al Siyabi, COO of OIFC Khedmah, expressed his enthusiasm, saying, “Our partnership with Prepay Nation aims to expand our digital services and meet our customers’ growing need for international transactions. This collaboration marks a strategic step toward advancing digital services in Oman and offering innovative payment solutions that cater to the market’s evolving demands.”
As part of the collaboration, Khedmah users will enjoy an expanded range of services and improved convenience, with access to global prepaid solutions through the Khedmah app’s eStore section. This offers users the ability to browse and purchase Prepay Nation vouchers for international transactions with ease.
OIFC Khedmah has long been a leader in billing and collection services across Oman, offering centralized payment solutions for various services, including electricity, water, telecommunications, traffic fines, vehicle insurance, entertainment subscriptions, charity donations, and more, through its extensive branch network and user-friendly electronic platforms.
Prepay Nation, with over 600 partnerships and a presence in 150+ countries, facilitates the purchase of prepaid airtime, data, bundles, e-gift cards, and utility payments globally.
