Latest news with #AmjadAlLawati
Zawya
28-04-2025
- Business
- Zawya
BankDhofar's ladies account: Exclusive services for modern life
Muscat – Designed to cater to the needs of Omani and expatriate women across the Sultanate, BankDhofar's Ladies Account continues to offer a wide range of financial and lifestyle benefits. It boasts improved benefits including, a higher interest rate on high yield accounts, and exclusive merchant offers. The key feature of the enhanced offering is the visually distinctive new vertical purple debit card, providing a modern and personalised way for Ladies Account holders to manage their finances. Additionally, account holders benefit from the preferential high yield interest rates of up to 4.15 percent on savings, allowing customers to grow their wealth while maintaining easy access to their funds. Additionally, the Bank recently launched an exclusive credit card, offering a range of services such as exemption from annual fees for the first year, and benefiting from exclusive rewards through the reward points program that can be redeemed through the mobile banking application or website. In addition BankDhofar's Ladies credit card also offers, unlimited airport lounge access in Muscat ,Salalah and Duqum, comprehensive travel and purchase protection, and global acceptance in millions of locations across the world. Commenting on the significance of the account, Amjad Al Lawati, Chief Retail Banking Officer of BankDhofar said, 'BankDhofar has long been dedicated to serving the specific financial needs of women in Oman through the Ladies Account. Introduction of the exclusive vertical purple debit card, alongside other enhanced benefits, underscores our ongoing commitment to this important segment. The account is open to female Omani nationals and expatriates aged 23 years or above, with the minimum age of 18 years for those who have their salary assigned to BankDhofar. The bank's strategy is centered on providing an exceptional and unique experience to customers through distinctive and exclusive services and offers, and deepening existing relationships and retaining them. The bank anchors on relationship banking growth oriented model built on customer centricity, accountability, collaboration, performance driven. BankDhofar's extensive branch network of 131 branches, including Dhofar Islamic across Sultanate of Oman ensures convenient access for all customers. The bank also provides comprehensive mobile banking services, including bill payments (mobile and utility), cardless cash withdrawals, and Dhofar Pay , Apple Pay, and Samsung Pay activation, facilitating seamless and secure financial management. For more information about the enhanced BankDhofar Ladies Account, interested individuals are encouraged to visit the bank's website:
Zawya
17-03-2025
- Business
- Zawya
BankDhofar partners with Smartech to launch advanced POS solutions for SMEs
MUSCAT: Reinforcing its commitment to Oman's digital transformation, BankDhofar—the nation's largest bank by branch network—has signed a Memorandum of Understanding (MoU) with Smartech, an Omani software solutions specialist, to establish a strategic partnership that integrates accounting and electronic payment solutions. This collaboration aims to enhance digital financial services by merging Smartech's system with BankDhofar's Soft POS technology, creating an all-in-one platform for businesses to manage payments and financial transactions seamlessly. The solution is designed for small and medium enterprises (SMEs) in retail, restaurants, and laundry services. Integrated with Bank Dhofar's SoftPOS, SMEs can automate accounting, process orders, generate invoices, track sales, and handle billing seamlessly. They can also accept payments directly through the same application, saving time and reducing manual errors. This helps businesses maintain accurate financial records and gain better control over their cash flow. The MoU was signed by Amjad Al Lawati, Chief Retail Banking Officer (CRBO) at BankDhofar, and Abdulaziz Al Maawali, Founder & CEO of Smartech, in the presence of senior representatives from both organizations. Under this agreement, Smartech will oversee the installation of the integrated system, provide training for businesses, and offer ongoing technical support. BankDhofar, on the other hand, will supply Soft POS solutions along with banking support and promotional backing. Commenting on the collaboration, Amjed Al lawati, Chief Retail Banking Officer at BankDhofar, stated: 'This partnership marks a milestone in Oman's digital transformation, integrating cutting-edge accounting and payment solutions to enhance business efficiency and financial inclusion. By merging Smartech's accounting system with BankDhofar's Soft POS technology, we are enabling businesses to access a unified financial ecosystem that simplifies transactions, ensures compliance, and improves operational productivity.' Smartech, a Muscat-based technology-driven Omani SME, specializes in Accounting & ERP solutions, POS system integration, software development, IT automation, and digital payment technologies. Focused on business efficiency and financial technology, the company is dedicated to transforming how businesses handle payments and accounting, making financial transactions more seamless and automated. Restaurants can benefit from this solution by streamlining order processing, managing tables efficiently, and connecting POS terminals with kitchen systems. Real-time reporting helps restaurant owners track sales and popular items, making it easier to manage peak hours and inventory smoothly. For laundry services, the system offers automated billing, order tracking, and timely notifications for customers. Integrated loyalty programs help businesses retain customers with personalized offers, making daily operations simpler and more convenient. Retail businesses can manage in-store and online sales on a single platform, track inventory accurately, and access real-time sales reports. The system's integrated payments and accounting features simplify financial management, helping retailers focus on growth and customer satisfaction. Crucially, this partnership aligns with Oman Vision 2040's objective of fostering a cashless economy while empowering SMEs with secure, AI-driven financial tools. With features such as real-time analytics, cloud-based integrations, automated invoicing, and advanced fraud protection, the integrated solution is set to revolutionize financial operations across industries including retail, hospitality, healthcare, and logistics. Businesses interested in adopting this next-generation financial solution can sign up through BankDhofar or Smartech, with exclusive early adoption benefits available for SMEs. This strategic alliance paves the way for a smarter, faster, and more secure financial ecosystem in Oman, accelerating digital growth and financial inclusion. BankDhofar remains at the forefront of Oman's digital banking evolution, leveraging its extensive branch network, cutting-edge digital solutions, and robust technology integration to support businesses. With ongoing investments in innovation and customer-centric digital upgrades, BankDhofar continues to empower its clients with advanced financial tools, ensuring efficiency, convenience, and security in their financial operations.
