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HomeNewsOman’s Second Largest Bank Joins RippleNet Cross-Border Payment Network

Oman’s Second Largest Bank Joins RippleNet Cross-Border Payment Network

As per the announcement, BankDhofar is the first bank in the country and the one of the first in the region to adopt RippleNet. The network will enable the bank to make cross-border transfers via a mobile banking application “in less than 2 minutes. ” Which will allow the non-resident Indians living in Oman to conduct real-time payment transfers.

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