Muscat, November 3, 2025 — Thawani, one of Oman’s leading FinTech innovators, has received an official Visa licence to issue credit cards in the Sultanate — a major milestone in Oman’s journey toward a digitally enabled and inclusive financial ecosystem.
The new partnership with Visa International enables Thawani to issue Visa-backed credit cards directly through its mobile app, offering seamless digital onboarding, global acceptance, and secure payment experiences for both individuals and businesses. Users will gain access to advanced encryption, smart authentication, and market-specific rewards across point-of-sale and eCommerce platforms.
The agreement was formalized at a signing ceremony in Muscat, attended by senior executives from Visa, Thawani, and representatives of Oman’s banking sector — underscoring the growing collaboration between global payment networks and local FinTechs in driving the region’s financial innovation.
Eng. Majid Al Amri, Founder and CEO of Thawani, said the achievement reflects the company’s mission to link innovation with financial enablement.
“This milestone positions Thawani as a trusted, innovative player focused on building a smarter, more inclusive and easier financial future,” he noted.
Nasser Bdeir, Visa’s General Manager for Oman, added:
“This is an advanced step for Oman’s FinTech development, reflecting strong local innovation and rising demand for digital solutions. Visa is proud to expand access to secure, reliable digital payments in the region.”
Aligned with Oman Vision 2040, the partnership supports national goals around digital transformation, financial inclusion, and economic diversification. By combining Thawani’s agility with Visa’s global infrastructure, the initiative is expected to reshape Oman’s payments landscape, enhance financial accessibility, and strengthen the country’s FinTech leadership.
The Visa credit card issuance licence marks a first-of-its-kind achievement for Oman’s FinTech sector — a defining step toward a future-ready, innovation-led digital economy.
