Best Payment Gateway Service in Oman

Roundup Sunday 11/September/2022 09:59 AM
By: Times News Service
Best Payment Gateway Service in Oman

It’s hard to believe how much the world has changed, post Covid-19. When we talk about technology alone, and its usage and applicability, the entire ecosystem has transformed, marking a dramatic shift towards digital transformation and digital adoption.

Seeing how brands and even consumers are leveraging technology right now, it’s only inevitable that digital will completely take over the globe in the coming years.

For a country like Oman, where people were usually accustomed to traditional methods of transacting and shopping, there’s an immense increase towards the adoption of digital payments or online payments in general. The government of Oman is also pushing to drive digital transformation in the country, as seen by other countries in the Middle East.

There are a lot of payment gateway services in Oman today, and we’re going to be covering the best payment gateway service in Oman for you.

Importance of Payment Gateways in Oman

The Coronavirus Pandemic was a devastating global event. However, it resulted in a shift in towards online shopping, especially in countries like Oman. This forced the customers to get accustomed to payment gateway services, to the extent that they don’t prefer going back to older methods of payment.

Consumers in Oman are now accustomed to payment gateway services, whether it is for B2B or B2C purpose. Payment gateway services provide convenience to its consumers, with a safe and secure mechanism, transacted in a matter of seconds. The fact that Covid-19 was the trigger, which made consumers in Oman realize the usefulness of technology, and ease of making payments online, means that there are more efforts being made the Government to promote the Fintech sector and online payment ecosystem.

Having said that, you must know the best options for payment gateways in Oman.

1. Amazon Payment Services (APS) - APS offers an excellent solution for the common users who look to transact through online payment gateways in Oman. It’s very simple and intuitive, with mainstream adaption in Oman. The service extends an array of payment features to its partners. There are on-board convenience features coupled with a simple UI framework, with all relevant tutorials and resources to accommodate smooth payment transactions. The best feature of APS is its security protocols with compartmentalized authorization at every stage of payment process, making it the most viable payment gateway option in Oman. If you’re looking for a top-notch payment gateway in Oman, APS sits at the top.

APS is one of the most widely used payment gateway service in Oman, simply because of how robust its mechanism is, with an easy integration with all the major platforms i.e. Shopify, BigCommerce, Opencart etc.. With absolutely zero startup fees for entry-level packages, Amazon Payment Service Gateway is recognized as one of the most credible and seamless Payment Solution in the country. Even for Mid-tier accounts, E-commerce APS is, perhaps, the most viable option for large-scale merchants, as the Payment gateway service offers custom packages, based on transactional volume (per month), making it ideal for Up-scaled E-commerce Merchants.

Additionally, the Payment gateway service also offers its customers an installment option, allowing further flexibility for merchants. What’s more is that APS data analysis algorithms allow for business growth tracking, in real time, making it the most ideal option for most medium to large-scale businesses, and even ambitious startups.

2. Checkout – This Payment gateway service may be considered as one of the most opted for in Oman, offering a great deal of flexible payment options for E-commerce merchants, of various scalability. Launched back in 2014, Checkout.com acts as a universal Payment gateway service, accommodating support of 15 languages and 87 currencies, making it the ideal choice for sending or receiving Global Payments in Oman. Many companies i.e. Pizza Hut, THG, Curve, Farfetch coupon code etc. in Oman opt for Checkout, due to its flexibility and custom payment options. E-merchants using Checkout Payment gateway service are only required to pay the one-time setup fee of $500, with additional charges of 0.95% + 2 cents, and 2.9% + 20 cents per transaction, on European Cards, and Non-European Cards, respectively.

3. 2CHECKOUT – Another quite popular and heavily acclaimed Global Payment gateway service, widely opted for, across Oman. 2CheckOut has an expanded reach of E-merchants, being available in 211 countries, across the Globe. Providing full-fledge PCI Compliance, the payment gateway service supports up to 87 currencies, with support of 15 different languages. The service also provides ‘Ultimate Fraud Detection,’ accommodating Address Verification, backed up 300+ CVV and rule checks. The additional transaction charges are slightly higher, given the payment gateway service’s global reach, translating to roughly 4% (3.9 to be exact), + 45 cents on every transaction.

4. Tap – Tap is one of the most convenient and efficient online payment services across Oman. It acts as a reliable and seamless payment gateway service, leveraging technology to offer small/ medium businesses and enterprises to execute online transactions with ease. Be it at the receiving end or the sending, Tap allows you the flexibility, along with the security to make/ receive your payments within a matter of seconds, simplifying the ecosystem of sending and receiving payments. The reason why Tap is so popular in Oman is because of its simple user interface, both through the Website and through the application. While the payment gateway service started off in Kuwait in 2013, it gradually extended its roots through out other countries in the Middle East, including Oman, where it gained immediate popularity. Today, Tap supports more than 1000 businesses including major corporations, securing tens of thousands of online payment transactions on a daily basis.

5. MyFatoorah – another quite robust and credible payment gateway service in Oman, enabling businesses to send and receive online payments seamlessly. MyFatoorah offers services that fall under invoicing, DHL, point-of-sale (POS), payment gateway, GCC cards, and KIF. The striking features of MyFatoorah, which makes it one of the best payment gateway services in Oman, include Instant Deposit (within 24 hours), mobile notifications, customizable SMS, unmatched customer support, e-commerce plugins for payment, mobile application compatibility, and environmental protection through Go Green. MyFatoorah also offers access to tracking and reporting dashboards for businesses dealing with a large customer base or clientele. Due to its on-board customizability and tailored online payment solutions for clients, MyFatoorah remains to be a popular payment gateway service across Oman.

Conclusion

The government of Oman is pushing digital transformation in the country, as it does not want to fall behind other countries in the Middle East. This is the reason why we’re witnessing growth in the Fintech sector, with more online payment gateway services popping up in the country, to allows consumers to make or receive payments with ease, while exponentially expanding and driving growth for the digital landscape of Oman.