MUSCAT – BankDhofar has signed a cooperation agreement with the Social Protection Fund to advance financial technology solutions, underscoring the bank’s commitment to driving innovation in Oman’s banking sector and supporting the ambitions of Oman Vision 2040.
Under the agreement, BankDhofar will provide a suite of advanced digital tools, including virtual accounts for efficient cash flow management, secure digital banking transactions, and innovative B2B services designed to empower businesses with the latest financial technologies.
BankDhofar has consistently introduced transformative solutions. In 2024, it launched Dhofar Pay, enabling customers to settle bills with a simple phone swipe at retail POS devices, followed by the rollout of Samsung Pay and Apple Pay. This year, the bank extended its digital offering to SMEs with a specialized platform supporting self-registration, secure payroll solutions, and comprehensive digital services. Strategic partnerships with international firms have further strengthened its infrastructure, while artificial intelligence tools continue to enhance security and innovation.
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