omanoil Supports National E-Payment Initiatives During Bankmuscat’s 2010 Cardholders’ Shopping Festival

Muscat, November 9th 2010

Ushering a cashless society in light of the e-payments era, Oman Oil Marketing Company (omanoil) has reinforced its support to its long standing partner BankMuscat as Gold Sponsor of the 2010 Cardholders’ Shopping Festival.

As the exclusive fuels and lubricants marketing sponsor, omanoil’s valued patrons can participate in the Festival by making a purchase through their BankMuscat credit and debit cards at any of omanoil growing network of 117 filling stations and 65 Ahlain and convenience stores across the Sultanate. Upon making an e-payment, customers will receive a coupon and automatically enter the Festival’s weekly draws to potentially win a number of discounts and prizes.

Previous collaborations between omanoil and BankMuscat include Oman’s first chip based multi-partner rewards program basma, which has significantly promoted the use of e-payments and smart cards for consumer’s various shopping needs since its establishment in 2005. The basmaCard Program extended its outreach last month through the ‘Mass Redemption’ campaign which now enables card holders to redeem points at all seventeen merchants.