Interbank Statistics

Over the past seven years, the average annual increase in the volume and value of transactions routed through the RTGS has been 14.91% and 24.33%, respectively. In terms of the Retail Payment Systems, both the volumes and values in ACH and MPCSS have shown a steady growth rate, reflecting consumers' preference for various electronic payment methods. Conversely, the volumes and values for ECC have been consistently decreasing.

Statistical analysis shows that the average annual increase in volume and value for ACH was 76.34% and 75.14%, respectively. For MPCSS, over the past four years, the average annual increase in volume and value has been 99.52% and 99.22%, respectively. In contrast, ECC has experienced a continuous decline, with average annual decreases in volume and value of 24.97% and 62.05%, respectively. As for OmanNet, over the past seven years, the average annual increase in volume and value has been 82.04% and 48.27%, respectively.

1. Large-Value Payment System:

a. RTGS (Real Time Gross Settlement)

2. Retail Payment Systems:

a. ACH (Automated Clearing House)

Salaries Processed Through National Payment System:

b. MPCSS (Mobile Payment Clearing & Switching System)

Different Methods of MPCSS Transactions:

c. ECC (Electronic Clearing Cheque)

Bounce Cheques

3. Card Payment System:

a. OmanNet

Volumes of OmanNet Channels (ATM, POS, E-commerce)