Thawani Pay Omani fintech company, has become a vital player in Oman’s growing digital payment ecosystem. Founded in 2016 by Majid Al Amri and based in Muscat, Thawani Pay offers modern, user-friendly solutions for individuals, businesses, and government services in the Gulf region. With an emphasis on simplicity, security, and innovation, the company continues to expand its impact in line with Oman’s Vision 2040.
Wide Array of Payment Services
Thawani Pay provides a comprehensive digital payment platform through its mobile app. Users benefit from services such as bill payments for electricity, water, phone, education fees, social insurance, and government transactions. The platform also supports invoicing, prepaid cards, payment gateways, and soft POS solutions. Merchants can send invoices directly to customers via the app and accept payments easily by sharing a QR code. This setup requires no complex infrastructure, making the platform accessible to both small businesses and large enterprises alike.
Commitment to Security and Compliance
The company holds the distinction of being the first fintech licensed by Oman’s Central Bank as a non-banking financial institution. Thawani Pay adheres to global security standards, including PCI-DSS and PA-DSS, to ensure a secure environment for users and merchants. The company’s focus on risk management and data protection fosters confidence among its growing customer base.
Strategic Partnerships and Innovations
In 2025, Thawani Pay made a significant breakthrough by obtaining a Visa license to issue credit cards, becoming the first Omani fintech to achieve this milestone. This license allows customers to access Visa-backed credit cards through the app, combining secure global acceptance with seamless digital onboarding and management. Majid Al Amri highlighted this milestone as a major step toward making financial services more inclusive and convenient.
Apart from issuing credit cards, Thawani Pay continuously expands its portfolio with microfinancing services in partnership with Omantel and vehicle insurance products. The company also recently launched “Ominvest Plus,” a lifestyle benefits platform in collaboration with Oman International Development & Investment Company, offering exclusive discounts and offers to Ominvest employees and their families.
Growing User Base and Market Presence
As of 2024, Thawani Pay has over 90,000 active users and more than 3,500 merchants on its platform. The company processed transactions exceeding USD 313 million, reflecting strong market adoption. Thawani Pay’s innovations, including plans to introduce face-recognition payments, digital onboarding, and buy-now-pay-later options, demonstrate its commitment to staying ahead of fintech trends.
Vision for Oman’s Digital Economy
Thawani Pay aligns with Oman Vision 2040, which prioritizes digital transformation, financial inclusion, and economic diversification. By combining technology with local understanding, the company supports SMEs and promotes digital payment adoption in both urban and rural areas. Its role as a trusted fintech partner fuels ongoing collaboration with government agencies and private sector stakeholders.
Final Outlook
Under Majid Al Amri’s leadership, Thawani Pay Omani fintech company, continues to lead Oman’s digital payment revolution. The firm’s broad service offerings, regulatory compliance, Visa credit card license, and innovative partnerships position it as a cornerstone of Oman’s fintech sector. Its success benefits users and merchants, driving forward the national agenda to create a vibrant, inclusive, and technology-driven financial ecosystem.
