Taageer Finance launches its mobile app; credit and debit cards on the anvil

Muscat - 

Taageer Finance on Monday introduced its mobile application ‘Tamweeli’, thus becoming the first non-banking finance company (NBFC) in Oman to launch an app for consumers.

Speaking at the launch, Mohammed Redha A Jawad, CEO of Taageer Finance, said, “Our company has always been a customer centric organisation in line with its vision and mission. It is a proud and historical moment for Taageer Finance and its dedicated team.”

The mobile app enables the customers of Taageer Finance to view their current loan details, security/collateral details, cheque bounce instances, overdue charges and monthly instalment due/pending for individuals, SMEs and corporate customers, the company officials said while introducing the app to mediapersons and clients.

Jawad said Taageer Finance is also planning to launch debit and credit cards in collaboration with local banks to support their customers. “For credit cards, we are collaborating with BankDhofar. And for debit cards, we have signed an agreement with Bank Muscat. We are hopeful that in a month's time we will be able to launch both cards. The mobile application enables availability of real time information, seamless connectivity and easier payment options for customers.”

Jawad added that the company is investing in technology to remain ahead in competition and soon it would be launching kiosks in some locations.

Sheikh Faisal Khamis al Hashar, chairman of Taageer Finance, who was also present on the occasion said, “Taageer Finance is the youngest non-banking financial institution serving the Oman market. The company reinstates its position as a dynamic and technology-savvy enterprise.”

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