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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)
​2021757.92154,649.98
​2020754.61155,542.40
​2019649.72212,156.71
​2018597.19​178,906.83​
2017 578.69 158,810.98
2016 496.43 152,275.19

 

Payment Clearing Systems

ACH Volume (Thousands) Value (Millions)
202114,548.56​9,178.70​
202010,453.00​6,030.15
​20198,650.00​5,552.95​
​20187,239.68​4,679.32
2017 5,179.11 3,357.96
2016 4,763.51 3,136.20

 

ECC Volume (Thousands) Value (Millions)
20213,780.009,796.74
20203,910.96​11,771.45
​20194,565.32​14,827.01
​20184,697.04​15,547.55‬​
2017 4,641.77 16,680.27
2016 4,419.20 16,558.05

 

OmanNet
Volume (Thousands) Value (Millions)
2021180,816.685,223.47
2020129,853.774,547.09
​2019108,275.574,327.47
​201882,428.613,719.67
2017 59,172.68 3,294.72
2016 45,131.69 2,937.49

 


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