Abu Dhabi - National Bank of Oman (NBO) is offering Mastercard holders in Oman the possibility to pay contactless at over 5,000 terminals across the country, marking a milestone for the country’s payment infrastructure.
A first in Oman, NBO terminals will accept all contactless Mastercards, issued both in Oman and abroad.
Contactless payments are already widely used in the rest of the world and are steadily overtaking Chip and PIN transactions in terms of volume.
All NBO payment terminals will allow local and international contactless Mastercard holders to simply tap or wave their card on the terminal instead of swiping or entering a PIN, offering a faster, easier and more convenient payment solution.
Contactless payments can be made for goods and services up to 10 Omani Riyals, making it ideal for small purchases on the move such as a cup of coffee, magazines and basic everyday necessities.
As an added security and authentication feature, customers will be asked to enter their PIN for any purchases over OMR 10. For retailers, contactless transactions offer great added value as queuing times for customers are significantly reduced.
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