Global Financial Technology LLC, a licensed payment service provider and owner of the OM Pay mobile application, has recently signed an agreement with the world leader in digital payments, Visa, to issue Visa branded physical and virtual cards.

OM Pay, the soon to be launched key product of GFT, is a PCI DSS certified product. It offers a digital wallet and a payment gateway for the benefits of consumers and businesses. With this agreement, GFT will be able to benefit from Visa’s payments expertise, global reach, and secure and seamless digital payments technology.

Mr Abdulaziz Al-Rawahi, CEO, GFT, comments: “It is an honor for us to collaborate with Visa, the world leaders in digital payments. This collaboration presents us with an opportunity to learn and benefit from Visa’s expertise, mentorship, and global network. With Visa’s support, we can craft more innovative solutions and bring more value to our users. Our aim is to support Oman in its journey towards becoming a digital economy and partnering with key players like Visa is the key to making this aim a reality”.

Mr Manish Gautam, Visa’s Country Head for Oman, said: “We are delighted to partner with GFT to support the growth of digital payments and drive financial inclusion in Oman. We are particularly keen to provide end-to-end, innovative technology solutions to our partners such as GFT, enabling them to join us in our mission to give more consumers and businesses in Oman access to the digital economy by bringing them the latest in digital payment solutions.”

About GFT:

Global Financial Technology LLC is a payment service provider (PSP), based in Muscat, which provides fintech services through its wallet and payment gateway. It was founded in 2022 by Abdulaziz Al Rawahi and Oman Telecommunications Company (Omantel). The company is the owner of OM Pay (stands for Oman Pay) brand, Oman’s first super app that offers mobile payment solutions in the form of a digital wallet to consumers and enables merchants to receive payments through its NFC, QR code, point of sale, bank transfer and online payment gateway offerings. Having graduated from CBO Sandbox Live Testing, OM Pay application will be available on Android and Apple Store.

About VISA:

Visa Inc. is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of digital commerce on any device for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit About Visa, visa.com/blog and @VisaNews.