FOO partners with OMPAY for cashless payment solutions

By Aarav Garg

FOO, a UAE-based FinTech solutions provider, has announced its partnership with OMPAY, a subsidiary of Omantel, to power its next-generation digital wallet and expand access to secure, cashless payment solutions for consumers and businesses.

Through this partnership, FOO serves as the technology partner behind the OMPAY wallet, which provides users with a comprehensive suite of digital payment capabilities. This includes peer-to-peer (P2P) and merchant (P2M) payments, and QR-based and contactless transactions. It also supports instant virtual card issuance for both online and in-store use, international remittances to over 200 countries, as well as wallet top-ups and real-time transaction management.

Ghady Rayess, CEO of FOO, said, “We are proud to partner with OMPAY in delivering a future-ready digital wallet that supports Oman’s vision for a more digital and inclusive financial ecosystem. At FOO, our focus is on enabling our partners to launch, scale, and evolve innovative financial products quickly. This partnership reflects our commitment to driving fintech innovation across the region, while supporting market-specific national priorities.”

Sami Elloumi, CEO of OMPAY, added, “OMPAY is committed to continuously evolving the way individuals and businesses manage their finances. Through our partnership with FOO, we have built a robust and scalable wallet platform that delivers seamless, secure, and cost-effective financial services. This collaboration enables us to continuously innovate and expand our offering in line with the evolving needs of our users.”

These capabilities aim to support faster everyday payments, more affordable international transfers for residents, and improved financial access for underbanked segments across Oman. The solution, built on FOO’s digital wallet platform and microservices architecture, claims to have scalability, good performance, and flexibility. It hopes to expand access across the country, as OMPAY is a licensed fintech company regulated by the Central Bank of Oman and backed by Omantel, making it a trusted platform.