29 December 2020 – Expanding its card portfolio to offer convenient payment solutions, Sohar International launched its new prepaid card in a bid to engage with a wider customer base. The bank’s newest proposition offers individuals everyday convenience, whether or not they are an accountholder with the bank. Easily applied for through the bank’s widespread branch network across Oman, the new prepaid card offers customers the flexibility to manage spends and make payments easily and securely, using its contactless tap and go feature. The prepaid cards have been designed to encourage online transactions, including those for booking cinema tickets, gaming, shopping and much more. The cards can be topped up simply by using the bank’s ATMs, or by transferring from a Sohar International account.

Sharing his views on the new card, Mr Khalil Al Hedaifi, Chief Retail Banking Officer, Sohar International, said, “Sohar International is constantly striving to develop innovative solutions to suit the evolving needs of our customers. The new contactless prepaid card is an important milestone in Sohar International’s digital transformation journey. It not only provides customers a sense of safety and security due to their pre-loaded limit feature, but also allows them to control spends online by controlling funds available in the prepaid card. This falls in line with our principles to provide more value, more velocity, and more vision to our clients and the society at large.”

Furthermore, the bank’s prepaid card can be used for cash withdrawals at local ATMs/CDMs whilst managing the credentials of the card is easily done through any of the widespread Sohar International ATM/CDMs. The state-of-the-art mobile banking services can be utilized to top up the newly launched prepaid card, transfer balance from main account to the prepaid card, or transfer between own prepaid cards, or transfer to other Sohar international prepaid cards as well.

“Sohar International is uniquely positioned to effectively cater to all customer segments within the Sultanate, with differentiating factors that accommodate individual needs and enable them to win. Being a service-oriented organization, we cater to the smallest of financial requirements of the consumer, thereby encouraging them to plan ahead and adopt prudent financial practices”, added Mr Khalil Al Hedaifi.

Sohar International is committed to providing new products, services, features and promotions that delight and simplify customer’s banking experience. The Bank continues to work hard so that clients can bank wherever, whenever and however that is most convenient for them. This will not only contribute towards the enrichment of our stakeholders, but also towards developing the socioeconomic scene within the country thus making Banking more meaningful for the people of Oman.