Fime, a global leader in consultancy and payment testing, has provided the Central Bank of Oman (CBO) with a comprehensive test platform and testing services for Oman’s new domestic card scheme. The platform will support stakeholders participating in the scheme’s rollout and certification processes.
Under the partnership, issuers, acquirers, processors, and vendors can benefit from an automated and cloud-based test platform including advanced testing capabilities such as Fime’s state-of-the-art Brand Test Tool (BTT). This enables stakeholders to achieve compliance while innovating with confidence within Oman’s evolving payment ecosystem.
The impact of next generation testing
Oman’s domestic card scheme has now been launched into pilot phase by CBO, with select banks beginning their certifications. This phase marks an important step in the scheme’s development, with testing and certification supporting its implementation across the ecosystem. Testing and certification at this early stage will allow stakeholders to benefit from:
Enhanced ecosystem resilience: localized payment rails and testing infrastructure to speed up collaboration and progress.
Cost efficiency and innovation: a robust domestic framework encourages competition, enabling banks and fintechs to innovate and reduce operational costs.
Improved customer experience: consistent standards and high-quality testing ensure secure and seamless payment experiences for residents, businesses, and visitors.
We are honored to support the Central Bank of Oman in the rollout of domestic card scheme. At Fime we believe that establishing a future-proof testing and certification environment is essential for modern payment schemes. The ecosystem now stands to benefit from secure, interoperable, and innovative payment experiences and this platform can scale with their needs over time. This latest partnership reflects Fime’s commitment to empowering domestic payment schemes globally and we look forward to contributing to CBO’s work.
Angaj Bhandari
Senior Vice President EMEA at FimeLearn more about Fime’s testing and certification offering at www.fime.com.
About Fime
Fime, along with its consulting division Consult Hyperion, enables its clients to create and launch trusted and secure payments, smart mobility and digital identity solutions. We offer a global industry perspective with local insights and a unique track record in strategic and technical consulting, test platforms and testing services.
With over 900 consultants and engineers around the world we provide the expertise, partnering with clients to define, design, deliver, and test their products and services. We work with our clients to turn product ideas into reality, de-risking decision making, accelerating time to market and delivering competitive advantage.
Together we are transforming powerful innovations into the future of trusted and seamless transactions and identity.
Making innovation possible.
Making the world work.
Consulting | Test Platforms | Testing Services.
www.fime.com | Blog | LinkedIn | YouTube
About the Central Bank of Oman
The Central Bank of Oman serves as the regulatory authority overseeing Oman’s monetary and financial stability. Through innovative policies, modernized infrastructure, and collaborative initiatives, CBO is shaping a secure and future-ready financial ecosystem for the Sultanate.
