MUSCAT – October 27, 2025: In a landmark development for Oman’s financial technology landscape, Thawani Pay has become the first Omani fintech licensed by Visa to issue credit cards, signaling a major leap forward in the nation’s digital payments ecosystem.
The achievement was commemorated at an exclusive signing ceremony in Muscat, attended by senior executives from Visa and Thawani Pay. The agreement paves the way for Thawani to launch a new range of Visa-powered credit cards, offering users global acceptance, advanced security features, and a fully digital onboarding experience through Thawani’s integrated payment platform.
“This milestone represents a defining moment for Thawani Pay and for Oman’s fintech journey,” said Majid Al Amri, CEO of Thawani Pay. “Being licensed by Visa to issue credit cards not only positions Thawani Pay as a trusted regional player but also advances our mission to bridge innovation with inclusion—empowering people and businesses with smarter digital solutions.”
Visa’s Country Manager for Oman, Nasser Bdeir, praised the collaboration, noting: “Thawani Pay’s milestone marks an exciting step forward for Oman’s fintech landscape. It reflects the country’s growing appetite for digital-first solutions and Visa’s commitment to enabling secure and seamless payments across the region.”
The partnership underscores a shared commitment to financial inclusion and digital literacy, aligning with Oman Vision 2040’s goals for economic diversification and technological advancement. Thawani Pay’s forthcoming Visa credit cards will allow customers to apply, manage, and track their credit activity directly through its mobile app—reinforcing Oman’s transition toward a cashless, innovation-driven economy.
