N Shorts
Central Bank of Oman approves “Maal” card fees, cutting merchant costs by up to 50%
Oman’s Central Bank has approved the “Maal” consumer debit and prepaid card fee structure, offering zero issuance and annual fees for users. Merchant Service Fees are capped, cutting costs by up to 50%. The card, launched on November 20, supports secure, low-cost digital payments across ATMs, POS, and e-commerce, advancing financial inclusion and Oman Vision 2040’s digital economy goals.

Technically enhanced content presented under fair use in public-interest journalism.

Listen:

↓ Download Audio


Discover more from Newz Quest

Subscribe to get the latest posts sent to your email.

By Vanshika

Meet Vanshika, a promising trainee at Newzquest.in, who plays a vital role in managing the news site’s operations with dedication and precision. With a strong interest in economics and data-driven insights, Vanshika focuses on analyzing economic trends to provide clear and timely news reporting. Her analytical mindset and eagerness to learn have made her an important contributor to the editorial process, enhancing content quality and aligning with the diverse expectations of Newzquest’s audience. Committed to continual growth, Vanshika actively deepens her understanding of the news landscape to offer nuanced insights on critical issues, helping foster a well-informed community.

Discover more from Newz Quest

Subscribe now to keep reading and get access to the full archive.

Continue reading