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Thawani Pay signs an agreement with A’Sharqiyah University to offer smart payments.

Thawani Pay signs an agreement with A’Sharqiyah University to offer smart payments.

August 19, 2019

MUSCAT: Thawani Technologies Company has signed a cooperation agreement to provide smart electronic payment services at A’Sharqiyah University (ASU), a private institution of higher education located in the north of the A’Sharqiyah Governorate of Oman.

In line with its plan to include higher education institutions in its intelligent platform, Thawani is pleased to provide smart payment solutions at the university. The beneficiaries of the Thawani services at A’Sharqiyah University will include tuition fees, the Student Services Centre, Accommodation fees, existing restaurants and coffee shops and other facilities on campus.

Majid Al Amri, Founder and CEO of Thawani said, “We are honoured to provide smart payment solutions at A’Sharqiyah University. Students, parents and teachers will experience and benefit from our exceptional payment platform offering innovative products and services. We want to encourage a culture of cashless transactions in Oman. The Thawani platform offers one of the simplest and most innovative e-payment solutions in the Sultanate. The e-payment solution offers a safe, simple, and highly secure payment method as an alternative to cash, credit, and debit cards.”

Hamed Al Hajri, Assistant vice chancellor for administration and financial affairs at A’Sharqiyah University said, “The University’s administration is always supportive of helping students, overcome obstacles and enrich their experiences on the campus.”

He added, “The adoption of Thawani e-payment services comes within the University’s plan for digital transformation. We are happy to collaborate with Thawani and implement this innovative project which will serve both students and university staff.”

Users can download the Thawani app from the Apple Store or Google Play to manage their finances. All ‘Thawani’ app users are assured of keeping their banking data completely private. Users will not have to share any card, bank, or account information at any point to complete transactions. The application is in line with the Central Bank of Oman’s regulations and maintains the international PCI DSS standards for data integrity and secure encryption.

Everything from its set-up and creating an account to using the app on a day-to-day basis has been designed around simplicity. The aim of Thawani app is to introduce a new alternative payment method that would not only be really simple to use but one that would always work, help people budget better, while adhering to the highest standards of security, both for customers and merchants alike.

The Thawani platform was founded on March 2016, marking the beginning of a new era of easy and secure e-payment solutions in the Sultanate of Oman. The pioneer e-payment platform has seen steady growth during the last few months and gained the trust of both users and merchants in Oman.

For more information about the app, please visit the website at Thawani.om