The document discusses Oman's national payment system, including the roles and processes of the Central Bank of Oman, the Clearing House, Automated Clearing Mechanism (ACM), Real Time Gross Settlement (RTGS), Point of Sale (POS) transactions, e-commerce payments, ATM machines, and mobile payments. It provides information on the history and functioning of the Clearing House and describes some key components, objectives, benefits, drawbacks and processes associated with ACM, RTGS, POS, e-commerce, ATM, and mobile payment systems in Oman.

1. PAYMENT
AND
SETTLEMENT
SYSTEM

2. Central Bank of Oman
(CBO)
Clearing House
Automated Clearing
Mechanism (ACM)
Point of Sale (POS)
E-commerce
Automated teller
machine (ATM)
Real Time Gross
Settlement (RTGS)
Mobile Payment
Electronic Check Clearing
(ECC)
OMANNET

3. Central Bank of
Oman’s role in the
national payment
system

4. National Payment System
ACM RTGS
Clearing House
& ECC
POS ATM
E-COMMERCE MOBILE PAYMENT

5. Clearing House

6. Clearing House
History
Emerged in 19th century
Cheques delivery
Exchanging cheques in public places

7. Electronic Check
Clearing

8. HOW LONG DOES IT TAKE FOR CHEQUES TO BE
CLEARED ?

9. Electronic Check Clearing

10. Automated
Clearing Mechanism
(ACM)

11. Automated Clearing Mechanism (ACM)
Standing Order
Objectives Pros & Cons

12. Real Time Gross
Settlement
(RTGS)

13. Server
RTGS Process

14. Benefits & Drawbacks
of RTGS

15. National Payment System
ACM RTGS
Clearing House
& ECC
POS ATM
E-COMMERCE MOBILE PAYMENT

16. Point of Sale
(POS)

17. Sara went to buy a watch for OMR 500. When the seller
swiped the card he/she received a message saying
(insufficient funds), but Sara knows for sure that she has
enough money in her account.
What can be the problem?
CASE STUDY

18. Point of Sale (POS)
TRANSMIT
POS
NBO

19. E-Commerce

20. E-Commerce
Card Details
Transaction
Purchase
OTP

21. Automated Teller
Machine (ATM)

22. Automated teller machine (ATM)
TRANSMIT
/
VERIFY
ENTER
PIN
/
AMOUNT
CHECK BALANCE
DEBIT
CREDIT
1
2
3
4
5

23. Mobile Payment

24. Mobile Payment
Services Security
Definition

25. THANK YOU