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BankDhofar teams up with Ripple

Monday 26 April 2021 12:37 CET | News

BankDhofar has teamed up with Ripple to drive real-time payments to India, being one of the first banks in the Oman Sultanate to join Ripple global payments network.

Specifically, BankDhofar will connect with IndusInd Bank on RippleNet, meaning that customers can transfer up to USD 2,608 to deposit accounts in India through BankDhofar’s mobile banking app.

BankDhofar is also one of the first local banks to join BankChain.

BankDhofar’s mobile banking app offers a range of services, including instant transfer to any bank in the Sultanate, cardless cash, and mobile top-up for telecom providers.


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Keywords: banks, partnership, Ripple, mobile banking, blockchain
Categories: Banking & Fintech
Companies:
Countries: Oman
This article is part of category

Banking & Fintech