BankDhofar and Mastercard to transform payment ecosystem in Oman

BankDhofar partners with Mastercard- GCC Business News
Image Via: BankDhofar | Cropped by GBN
By Arya M Nair, Content Head
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BankDhofar, one of the Sultanate’s leading financial institutions, has entered into a landmark collaboration with Mastercard in Oman.

Under the agreement, Mastercard will bring global expertise, advanced technologies, and international reach to the Bank’s card business.

The strategic collaboration also extends to Dhofar Islamic, BankDhofar’s Sharia-compliant arm, ensuring that customers across both conventional and Islamic banking segments benefit from the enhanced suite of card services and financial solutions.

K. Gopakumar-BankDhofar partners with Mastercard- GCC Business News
K. Gopakumar
ACEO – BankDhofar

“This collaboration with Mastercard is more than a strategic alliance, it is a transformative step in redefining the payment experience for our customers. By bringing world-class innovations to Oman, we are strengthening our commitment to deliver secure, seamless, and future-ready financial solutions that address the needs of our diverse customer base.”

“At Mastercard, we are dedicated to harnessing the power of collaboration with leading ecosystem players to power Oman’s economy and empower its people. In line with the nation’s Vision 2040, we are thrilled to strengthen our presence in Oman through the new collaboration with BankDhofar, marking an important milestone in our efforts to drive payment innovation, advance digital transformation and enhance financial inclusion,” said Dr. Dimitrios Dosis, president, EEMEA, Mastercard.

Seamless payment journey 

For BankDhofar customers, the collaboration translates into an upgraded experience at every stage of their payment journey. Mastercard’s global acceptance network will allow customers to transact seamlessly whether in-store, online, or while travelling abroad.

Cardholders will gain access to a rich portfolio of privileges, ranging from airport lounge access and exclusive travel insurance to lifestyle rewards and dining discounts.

Secured transactions

Security remains at the heart of the offering. Mastercard’s industry-leading technologies in fraud protection, tokenization, and biometric authentication will provide customers with peace of mind while carrying out transactions.

The integration of Mastercard’s digital solutions will open up new possibilities in mobile wallets, contactless payments, and emerging fintech-driven services, positioning BankDhofar at the forefront of Oman’s digital banking landscape.

BankDhofar is reinforcing its leadership in customer-centric innovation by offering Mastercard payment solutions, while playing a pivotal role in driving digital progress and financial transformation across the Sultanate.

Also Read | Mastercard and Qlub unite to transform digital payments in GCC

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