Money and business

“Arab Financial Services” and Oman Arab Bank launches a leading platform for digital payments

The Arab Financial Services Company (AFS), the pioneering provider of digital payment solutions and the financial technology empowerment tool in the Middle East and Africa, announced today the expansion of its strategic partnership extended with the Arab Oman Bank (OAB), which reflects a common commitment to pioneering innovation, and contributes to developing an advanced standard for digital banking services in the Sultanate of Oman.

Based on the AFS journey in the field of payment processing, this partnership enhances the ways of cooperation between the two parties towards new horizons by integrating the advanced TOKENZATION in the global digital portfolios. By taking advantage of the ancient AFS experience, Oman Arab Bank has already initiated the application of coding technologies in a proactive way through pillars such as Apple Pay, Samsung Pay and Google Pay, consolidating its pioneering position in the fast -sized digital payment in Amman.

One of the most prominent features of this expanded partnership is the strategic step of Oman Arab Bank to become one of the first banks to move to the new and advanced AFS platform for digital payments. Where this platform was designed with great care not only to keep pace with the changing scene of payments today, but also to keep pace with future developments, by providing great speed, ability to expand, and flexibility in preparation.

Mr. Samer Suleiman, CEO of AFS, commented: “This agreement reflects the strength of our partnership extending with the Arab Bank of Oman over decades, and our joint commitment to leading the innovation march in the field of digital banking services.

“We are committed to adopting innovation that enhances our customers’ experience and guarantees our services ready for future requirements. We are proud to be one of the first banks to launch its services via the new digital platform from AFS, a step that is completely in line with our agenda for digital transformation and puts us at the leadership site in providing smooth and safe payment solutions. ”

This strategic renewal is a step that enhances not only from the leadership of AFS in the financial technology sector in the region, but also a qualitative development in achieving the vision of Oman Arab Bank to provide advanced digital banking experiences that effectively contribute to the formation of the future of the payment system in the Sultanate of Oman.

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