Core Insights - Thawani Technologies (Thawani Pay) has formed a strategic partnership with Network International to enhance digital payment solutions and expand credit card capabilities in Oman [1][4] - The partnership is expected to leverage Thawani Pay's local market knowledge and Network International's global processing standards to create a seamless card experience [3][5] Company Developments - Thawani Pay has recently secured a Visa license to issue credit cards, marking significant progress in the card sector [1][2] - The agreement was signed by Thawani Pay's CEO Majid Al Amri and Network International's managing director Navneet Dave, highlighting the commitment to improve card processing capabilities [2][5] Industry Trends - Oman's digital payments landscape is evolving, with a notable increase in cashless transactions; card and point-of-sale transaction volumes reached 432.9 million in 2024 [5] - The collaboration aims to support financial inclusion initiatives and contribute to Oman's long-term digital transformation agenda [4][5]

Core Insights - Unipaas partners with Mastercard to enhance card acceptance for SMEs using vertical SaaS platforms, aiming to digitize and streamline transactions in underserved industries where payments are predominantly manual and offline [1][2][4] Group 1: Partnership Objectives - The collaboration seeks to simplify payment processes, increase acceptance rates, and transition more transactions online for SME users of SaaS platforms [2][4] - The partnership targets sectors such as health services, education, field services, and professional training, where digital payments are underutilized despite the growth of SMEs via SaaS platforms [4][6] Group 2: Technological Integration - Unipaas provides a fully embedded, compliant payment infrastructure that integrates with Mastercard's global payment network and advanced fraud protection [2][5] - The end-to-end payment infrastructure allows SaaS platforms to embed branded payment services directly into their products, supporting major payment methods including Visa, Mastercard, American Express, Apple Pay, Google Pay, direct debits, and instant bank transfers [5][7] Group 3: Business Impact - The partnership is expected to drive digital transformation in the SaaS payments space, helping SMEs in underserved verticals increase adoption, unlock new revenue streams, and enhance customer experiences [6][7] - By transitioning users from manual invoicing and bank transfers to card-based payments, the collaboration aims to improve acceptance rates, transaction speed, and reduce operational complexity [8]