Oman-based Global Money Exchange Co. LLC (GMEC) has announced the launch of Global Pay, its new mobile application powered by Comviva’s mobiquity Pay platform.

Commenting on the partnership, chairman, GMEC, said, “The Global Pay App enables secure and efficient local and international payment transactions. He added that the platform is PCI-DSS certified, underscoring GMEC’s commitment to the highest standards of payment security and data protection. We believe that the Mobile application will be widely used by the Omani Nationals and expatriates.”

Meanwhile, chief executive officer (CEO), Comviva said, “We are delighted to accelerate GMEC’s digital transformation journey with mobiquity Pay- our scalable, cloud-ready digital payments platform built to support rapid growth and seamless expansion. Global Pay exemplifies our commitment to empowering financial institutions across the Middle East to deliver world-class digital experiences that drive financial inclusion.”

In addition, managing director, GMEC, said, “Customers can conveniently pay utility bills and educational fees without the need for a bank account, thereby supporting broader financial inclusion.” He further noted that the platform enables merchants to accept QR-based payments from customers of any bank or service provider in Oman, ensuring full interoperability across the payment’s ecosystem.

Further, general manager, GMEC, said, “The Global Pay App is supported by a comprehensive customer support framework. Customers can visit any of our branches across Oman for assistance or contact a dedicated customer support helpline for prompt resolution of queries.”

Furthermore, executive advisor to the board, GMEC, said, “Global Money Exchange is the first money exchange company in Oman to have received a payment service provider (PSP) license, and that this initiative strongly supports the Sultanate’s vision of a cashless economy. He further mentioned that GMEC will, in a phased manner, introduce additional features under Global Pay for the continued benefit of its customers.”