Oman-based Global Financial Technology (GFT) has signed an agreement with the world leader in digital payments, Visa in order to issue Visa-branded physical and virtual cards.
With this agreement, GFT will be able to benefit from Visa’s payments expertise, global reach, and secure and seamless digital payments technology.
Global Financial Technology is a licensed payment service provider that offers fintech services through its wallet and payment gateway and owner of the OM Pay mobile application, Oman’s first super app that provides mobile payment solutions in the form of a digital wallet. OM Pay, the soon-to-be-launched key product of GFT, is a Payment Card Industry Data Security Standard (PCI DSS) certified product.
Mr. Abdulaziz Al-Rawahi, CEO of GFT, said that, “It is an honor for us to collaborate with Visa, the world leader 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. Al-Rawahi added.
Mr. Manish Gautam, Visa’s Country Head for Oman, stated that, “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.”