Central Bank of Oman (CBO)
Do I need a licence to provide payment services in Oman?
Content reviewed 2026-08-31 · How we check sources
Short answer
Yes. Providing regulated payment services in Oman requires authorisation from the Central Bank of Oman (CBO) under the National Payment Systems Law and the CBO's licensing policy for Payment Service Providers (PSPs) and ancillary payment-service activities.
What this means
The licensing analysis starts with the activity rather than the product label. The CBO framework covers regulated payment services such as payment-account issuance, domestic and cross-border money transfer and other payment activities, so a fintech should map the actual flow of funds and customer-facing functions before deciding which PSP permission is required.
A technology company that only supplies software to a licensed financial institution is not automatically treated the same way as a company that itself provides the regulated payment service to customers. The legal role of each party, control of the payment flow and contractual relationship with the customer matter.
Oman has an established payments licensing perimeter under the National Payment Systems Law, so a fintech should not use the regulatory sandbox as a substitute where an existing PSP licensing route already applies.
Official sources
CBO — Licensing Policy for Payment Service Providers (PSP) & Ancillary Payment Service Activities ↗CBO — Legal Framework of the National Payment Systems ↗Some source links need review. The content-review date above is separate from link availability.
Ask with your entity, activity and regulator.
Regulatory research, not legal advice. This answer has the scope and review date shown above; your institution decides applicability.