The Public Establishment for Industrial Estates (Madayn) recently signed an agreement with Sadad Electronic Payment Gateway during the Comex Global Technology Show 2024. This partnership aims to introduce electronic payment services for investors and business owners in the Sultanate of Oman. Through this collaboration, users will have access to Sadad Gateway’s payment platform, ensuring secure and efficient transactions. Self-service payment machines will be set up at Masar Service Centres in various industrial cities under Madayn’s supervision, providing convenient and secure payment options through payment kiosks and mobile applications.
The agreement was signed by Khalid bin Sulaiman Al Salehi, Director of Industrial Incubations and Innovation at the Industrial Innovation Academy of Madayn, and Eng. Ibrahim bin Abdullah Al Hosni, CEO of Sadad Gateway. This initiative is part of Madayn’s efforts to enhance efficiency and productivity by introducing self-service payment machines, simplifying payment processes, and reducing the need for users to physically visit payment centers. The partnership also supports digital transformation by promoting advanced technologies and electronic payment systems, aligning with global trends to improve user experience and satisfaction.
By incorporating training for national cadres in the maintenance of electronic payment machines, money collection, and FinTech software, the agreement provides opportunities for SMEs. This initiative not only boosts efficiency and productivity but also supports sustainable business practices and economic growth in Oman. The partnership between Madayn and Sadad Gateway demonstrates a commitment to innovation and customer satisfaction, showcasing Oman as a forward-thinking and technologically advanced nation in the global marketplace.
The introduction of electronic payment services by Madayn through its partnership with Sadad Gateway signifies a significant step towards modernizing the industrial sector in Oman. By leveraging advanced technologies and electronic payment systems, this collaboration streamlines payment processes and enhances user experience, ultimately boosting customer satisfaction. The use of self-service payment machines at diverse industrial cities under Madayn’s management ensures convenient and secure payment options for investors and business owners, contributing to the overall development and growth of the industrial sector in the Sultanate.
Through this agreement, Madayn aims to promote digital transformation and innovation within the industrial landscape of Oman, aligning with global trends and technological advancements. By providing training opportunities for national cadres and supporting SMEs in the maintenance of electronic payment machines, money collection, and FinTech software, this initiative contributes to the skill development and economic empowerment of Omani citizens. Overall, the partnership between Madayn and Sadad Gateway showcases a commitment to enhancing efficiency, productivity, and customer satisfaction in the rapidly evolving industrial sector of Oman.
In conclusion, the agreement between Madayn and Sadad Gateway to introduce electronic payment services for investors and business owners in Oman represents a significant milestone in the modernization and digitization of the industrial sector in the Sultanate. By leveraging advanced technologies and electronic payment systems, this collaboration streamlines payment processes, enhances user experience, and promotes digital transformation within the industrial landscape of Oman. Through training opportunities for national cadres and support for SMEs, this partnership contributes to the skill development and economic empowerment of Omani citizens, showcasing a commitment to innovation, efficiency, and customer satisfaction in Oman’s industrial sector.
