Global Financial Technology LLC (OmPay) has entered into a membership agreement with the Oman Credit and Financial Information Center (Mala’a). The membership agreement includes access to Mala’a’s Electronic Know Your Customer (E-KYC) service, known as Huwiya, that is designed to streamline electronic customer identity verification and enhance credit information accuracy.
The agreement, signed by Bassam Al-Jamali, General Manager of Mala’a, and Abdulaziz Al Rawahi, CEO of OmPay. Bassam Al-Jamali highlighted the agreement as a pivotal step towards advancing financial technology innovation in Oman, emphasizing, “By leveraging Mala’a’s E-KYC service (Huwiya), Oman Pay will enhance customer verification processes, promote financial inclusion, and strengthen our national economic framework.”
Abdulaziz Al Rawahi expressed his enthusiasm for the partnership, stating, “Our membership with Mala’a underscores our commitment to delivering innovative solutions that enhance transparency and accuracy in financial transactions.”
This collaboration between Oman Pay and Mala’a aims to enhance financial and informational services, bolstering Oman’s financial infrastructure and contributing to sustainable development goals.
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