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Bank Muscat introduces doorstep card acquiring service

June 1, 2014

Bank Muscat has introduced card acquiring services at the doorstep of customers. Launched in partnership with Visa, the new facility is presently available for customers availing home delivery service by Pizza Hut.

The facility allows customers who order home delivery from Pizza Hut to use their debit/credit cards issued by any bank for payment on Bank Muscat GPRS portable PoS machine carried by Pizza Hut vendors.

Tariq Atiq, AGM Cards & eBanking, said, "In line with the leadership position in Oman, Bank Muscat is delighted to launch yet another value-added service benefiting customers. Reflecting our commitment to providing the 'best in class' service, Bank Muscat continues to invest in cutting edge IT infrastructure, latest Point of Sale terminals and competent human resources available in the payments industry. It is this 'dedication' and 'commitment to service' that has made Bank Muscat the preferred electronic payment service provider to the nation. Our ability and flexibility to adapt, innovate and provide customised payment solutions have made us unique in the market."

Yogesh Shah - General Manager, Khimji Restaurants, said, "The partnership with Bank Muscat allows us to revolutionise the payment method for our home delivery customers. We have witnessed a growing trend towards less cash and more convenience and as the Sultanate's most loved pizza place we are honored to be the first restaurant chain to pioneer this service."

Bank Muscat commenced card acquiring operations in 2002 and is the largest acquirer and issuer of cards in Oman, deploying more than 10,000 PoS terminals across the country.

Tariq Atiq added, "In 2013, the bank's Cards and eBanking recorded a 54 per cent increase in card transactions volume and merchant outlets network grew by 30 per cent. The outstanding growth in figures reflects that electronic payment is fast becoming the preferred mode of payment in the Sultanate. The bank's success in changing the customer payment behavior from 'cash to card' is encouraging."

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Source: CPI Financial

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