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The increase in volume & value of transactions, in general, routed through the payment systems in Oman, reflects the progress towards a less cash society.

The average annual increase in volume and value of transactions routed through RTGS for the last Five years was 9% and 1.55% respectively. In terms of the Payment Clearing Systems, the transaction volume & value illustrated a constant growth rate, which reflects consumer preference for payments using different electronic payment modes instead of cash. Statistical analysis illustrates that the average annual increase in volume of ACH and OmanNet for the last Five years was 25.60% and 32.19% respectively. Furthermore, the average annual increase in value of ACH and OmanNet for the last Five years was 25.18% and 12.27% respectively. Whereas there was an average decrease in volume and Value of ECC for the last Five years by 2.85% and 9.61% respectively.

Payment Settlement System

RTGS Volume (Thousands) Value (Millions - OMR)
​2023
680.08  209,866.86 
​2022
723.34
179,347.20 
2021
757.92
154,649.98
2020
754.61
155,542.40
2019
649.72​212,156.71​​
2018
597.19
178,906.83
2017
578.69
158,810.98 


Payment Clearing Systems

ACH Volume (Thousands) Value (Millions)
​2023
21,887.36  13,508.84 
2022
18,505.80
11,459.56 
202114,548.569,178.70​
202010,453.00​6,030.15
​20198,650.005,552.95​
2018 7,239.68 4,679.32
2017 5,179.11 3,357.96

 

ECC Volume (Thousands) Value (Millions)
​2023
3,714.27  10,293.31 
2022
3,745.00
9,968.82 
20213,780.009,796.74
20203,910.9611,771.45
​20194,565.32​​14,827.01
2018 4,697.04 15,547.55
2017 4,641.77 16,680.27

 

OmanNet
Volume (Thousands) Value (Millions)
​2023
329,579.12  6,422.71 ​​
2022
252,929.53
5,865.31 
2021180,816.685,223.47
2020129,853.774,547.09
​2019108,275.574,327.47
2018 82,428.61 3,719.67
2017 59,172.68 3,294.72

 

MPCSS
Volume (Thousands) Value (Millions)
​2023
40,609.73  1,719.62 ​​
2022
4,944.73 
293.57 
2021755.55 58.39 
2020195.90 13.37 
​20190
0

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