BankDhofar partners Entrust to deploy Tap to Pay services in Oman

  • Partnership Details: BankDhofar, a full-service bank based in Oman, has partnered with Entrust to implement its Digital Card Solution (DCS).
  • Features Enabled: The DCS will provide Tap to Pay and tokenisation services across BankDhofar’s debit and credit operations, integrating with the bank’s mobile payment service, Dhofar-Pay.
  • Dhofar-Pay: Launched in March this year, Dhofar-Pay allows users to complete transactions without a physical debit card, turning smartphones into digital cards for contactless payments.
  • Implementation Timeline: The adoption of DCS was completed within a 3- to 4-month timeline to align with BankDhofar’s digital strategy.
  • Entrust Overview: Entrust, headquartered in Minneapolis, offers payment, identity, and data security solutions for businesses and governments. It was formerly known as Entrust Datacard.
  • BankDhofar’s Position: With this launch, BankDhofar claims to be among the first banks in Oman to offer Tap to Pay services and plans to continue leading with tokenisation services.
  • Upcoming Features: The bank will soon introduce a feature allowing customers to add their BankDhofar cards directly into digital wallets like Apple Pay and Samsung Pay via the mobile app.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Brink’s Strengthens Position with $6.6B NCR Acquisition

Brink's expands its services through strategic acquisition of NCR's Atleos.Highlights: Brink's acquires NCR Atleos for $6.6 billion.The deal...

Barclays Strengthens Blockchain Payments Platform Discussions

Bank explores blockchain vendors for enhanced payment solutions.Highlights: Barclays explores blockchain technology for payments.Bank engages with various vendors...

Lloyds Tightens Bank Account Opening Process in Branches

The bank limits account openings amidst ongoing service updates.Highlights: Lloyds will restrict opening some bank accounts in branches.The...

Jack Dorsey’s Block to Lay Off 4,000 Employees as AI Era Advances

Significant workforce reduction reflects shifts in technology focus.Highlights: Block announces 4,000 layoffs amid evolving AI landscape.The decision comes...