Payments and e-commerce in Oman

Discover how Omanis like to shop and pay online

Between 2022 and 20226, the Omani e-commerce market is expected to grow at an annual rate of more than 20% [1]. The things Omanis most like to buy online include mobile phones, consumer electronics, clothing, cosmetics and groceries [2]. Omanis already shop cross border when looking for a deal, with China the most popular online shopping destination [3].

Three quarters of Omanis have a bank account and almost 100% have an Internet connection. This makes the job of reaching and engaging potential customers much easier for merchants entering the market for the first time. Popular payment methods in Oman include the e-wallet bitpay and cash-payment method Cashu.

  1. https://www.zawya.com/en/legal/regulations/e-commerce-subject-to-vat-in-oman-jv78d7ri
  2. https://www.eworldtrade.com/blog/top-selling-products-in-oman-online
  3. https://www.lloydsbanktrade.com/en/market-potential/oman/ecommerce

Oman

General Information

  • Population 5.2 m
  • Population 15 + 3.9 m
  • Online Population 5.1 m
  • Area 309,501 km2
  • Currency OMR
  • GDP 80.6 bn $US
  • GDP per Capita 15,433 $US
Banked population
  • Oman 75%
  • Middle East & Africa 46%
  • World 67%
Credit card penetration
  • Oman 30%
  • Middle East & Africa 8%
  • World 19%
Internet penetration
  • Oman 97%
  • Middle East & Africa 47%
  • World 62%
Smartphone penetration
  • Oman 79%
  • Middle East & Africa 43%
  • World 70%

The information on our Insights pages has been compiled by us in cooperation with Datamatics and Wright & Brown. The data shown is partially owned by us and partially owned by GlobalData. © 2021 by PPRO Financial Ltd. No data and information can be used for any further publication without the explicit approval of PPRO.

Oman

Local Payment Methods

BitPay Type Cryptocurrency Wallet Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3 Hyperwallet Type Bank transfer, Prepaid voucher, Gift card Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3 Market relevance High PayPal Type Wallet Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3 Market relevance High Paysera Type Wallet Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3 Market relevance High Skrill Type Wallet Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3 Market relevance High Allied Wallet Type Wallet Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3 Market relevance High UnionPay SecurePay Type Local payment card Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3 Market relevance High DaoPay Type Carrier billing Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3 Market relevance High Google Pay Type Wallet Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3 Market relevance High Mobiamo Type Carrier billing Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3 Market relevance High Razer Gold Type Wallet Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3 Market relevance High SWIFT Type Bank transfer Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3 Market relevance High CASHU Type Wallet Regions Middle East & Africa Market relevance Medium Secure Remote Commerce (SRC) Type Wallet Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3 Market relevance Medium Boloro Type Wallet Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3 G2A Pay Type Wallet Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3 Market relevance Medium NETELLER Type Wallet Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3 Splitit Type Instalments Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3

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