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Sohar International unveils payment gateway for merchants

By Delisha Fernandes

May 06, 2024

  • fintech MENA
  • Fintech news
  • Link Payments
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Sohar International

Sohar International, the Oman-based bank, has launched a payment gateway designed to empower merchants with unprecedented efficiency.

This solution serves as a seamless conduit for online transactions, facilitating the smooth flow of information between websites, mobile applications, and payment processors. In the rapidly evolving landscape of digital commerce, Sohar International’s payment gateway provides merchants with a host of advantages, including streamlined payment processes, reduced friction in transactions, and heightened operational efficiency.

Sajeel Bashiruddin, Chief Digital Officer at Sohar International, said, “As the wave of digitalisation continues to surge and online transactions become increasingly widespread, Sohar International’s payment gateway is poised to help merchants navigate the intricacies of the digital economy while simultaneously enhancing overall customer satisfaction in online operations. At Sohar International, we remain committed to rolling out innovative features across all digital channels.”

With the capacity to handle a diverse range of card payments, spanning from credit and debit to prepaid cards, this solution reflects Sohar International’s dedication to providing merchants with a reliable platform to elevate transaction experiences and streamline the checkout process for their customers. By automatically routing transactions based on card type, the new platform eliminates the need for cardholders to manually select their card type, ensuring a seamless and efficient checkout experience.

The payment gateway facilitates multiple payment options, accommodating both local and global preferences. Merchants can adapt to meet diverse customer needs, whether they opt for direct checkout or prefer secure methods like Authorise and Capture. Additionally, the ‘Link Payments’ functionality enables merchants to effortlessly send payment links to customers via email and SMS. Particularly beneficial for small businesses without a dedicated website for payment acceptance, Link Payments provides a convenient solution to facilitate transactions seamlessly.

Employing a holistic strategy, Sohar International’s payment gateway also provides a ‘Recurring Payment’ feature tailored for businesses with subscription models. This functionality enables merchants to collect payments from customers recurrently, streamlining billing and improving revenue predictability. Ideal for subscription-based services or membership platforms, this feature empowers merchants to manage their recurring revenue streams efficiently.

Furthermore, in tandem with its commitment to security, the payment gateway integrates advanced measures through tokenisation. This process involves transforming sensitive data, such as card numbers, into unique identifiers called tokens using vault services.

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