The Bank of Maldives (BML) has announced its innovative digital wallet, Swipe, as the official wallet of Visit Maldives.
The strategic partnership between Swipe and Visit Maldives was formalized during a signing ceremony held at BML. The agreement was signed by Mohamed Shareef, CEO and Managing Director of BML and Ibrahim Shiuree, CEO and Managing Director of Visit Maldives.
Under this agreement, Swipe will be positioned as the premier payment solution for tourists visiting Maldives as a convenient, secure payment solution.
Swipe is a 100% Maldivian-developed multi-currency digital wallet, built in compliance with domestic regulatory frameworks and international payment industry standards. The app facilitates both local and international transactions and can be funded through BML accounts or via any credit, debit, or prepaid card.
This agreement builds upon the broader strategic partnership established between BML and Visit Maldives last year. The alliance underscores a shared commitment to accelerating digital transformation within the tourism sector.