MoneyHash, a payment orchestration platform active in emerging and global markets, has entered into a strategic partnership with Thawani Pay. Founded as one of the first licensed fintech companies by the Central Bank of Oman, Thawani Pay provides comprehensive payment solutions.
This collaboration will integrate MoneyHash’s existing orchestration layer in Oman, allowing merchants to utilize local payment infrastructure without needing separate payment logic for each market.
By leveraging this integration, merchants can maintain a unified payment strategy across their regional operations while benefiting from MoneyHash’s extensive network covering over 350 connections, more than 150 payment methods, and 40 markets.
Thawani Pay’s Capabilities
Thawani Pay supports various payment scenarios in Oman, including daily consumer transactions, utility payments, and government services. The company adheres to PCI DSS standards and contributes to the country’s digital transformation goals set out by the Oman Vision 2040.
The partnership provides merchants with access to Thawani Pay’s payment mechanisms within a secure, regulatory-compliant environment.
Additionally, this collaboration aligns with MoneyHash’s strategy of expanding its local presence in the markets it operates. By adding Oman to its network across the Middle East and emerging regions, merchants can enter new markets more efficiently without needing separate integrations for each market.
Nader Abdelrazik, Co-Founder and CEO of MoneyHash, stated that the partnership will enable businesses operating in Oman to maintain the same level of control and visibility they have over their broader payment network, while benefiting from robust local infrastructure.
Majid Al Amri, Founder and CEO of Thawani Pay, expressed that working with MoneyHash will help provide flexible payment solutions for businesses in Oman and lay the groundwork for future growth.
This collaboration follows a recent agreement between MoneyHash and EazyPay to expand Bahrain’s coverage. The partnership aims to enhance the company’s network of regulated payment providers, offering regional and international merchants access to locally licensed acquiring infrastructure via a single integration layer.
