- Veröffentlicht: 31. Juli 2017
A new safe and secure system for mobile payment clearing and switching (MpClear) to enhance the payment infrastructure was launched on Sunday, according to the Central Bank of Oman.
The Sultanate becomes the first among Gulf Cooperation Council countries to have in place such a system guided by the CBO.
It is seen as a safe and secure fund transfer mechanism using the mobile number to complete the payment transfer instantly. This is expected to provide ease of use, convenience and further promote electronic payments.
The MpClear system promises interoperability and a unified switching and clearing services between various mobile banking systems, promoting enhanced efficiency and security of payments. With the widespread use of mobile phones, such a payment system should enhance financial inclusion and support the e-government strategy, leading the nation to a less cash economy.
MpClear will also provide a collection of reporting and monitoring services at the fingertips of the central bank which will help in informed decision-making.
Lending support to even those who are yet to be part of the banking system, the new programme is expected to support the financial inclusion programme.
Users has many payment options such as person-to-person, person to business, person to merchant, business to person, government to person and business-to-business.
CBO Executive President HE Hamoud Bin Sangour Al Zadjali was all praise for the banking community and the implementing company ProgressSoft, for fulfilling the bank’s objective of providing a safe, sound and secure payment system.
CBO payment systems department incharge Ali Al Jabri said they hoped to provide citizens a convenient and safe payment system.
Quelle/Source: Oman Tribune, 23.07.2017