Paymob conquers PSP license from Oman’s central bank – FinTech Futures

MENA-based fintech Paymob has been granted a Payment Service Provider (PSP) license by the Central Bank of Oman. This makes Paymob the first international fintech company to be fully licensed in Oman and enables it to accept and process online and in-store payments in the country. Paymob’s gateway will allow Oman-based merchants to accept local and cross-border payments without the need for multiple gateway integrations. Paymob is the largest payment facilitator in the MENA region and has operations in Pakistan, UAE, and Saudi Arabia. The company has received investments from PayPal Ventures, Kora Capital, and other firms.