Bank of Maldives (BML) on Sunday, enabled transactions on previously blocked foreign merchants including selected money transfer platforms and digital wallets.
Customers can use the following cards to “seamlessly send and receive funds” from selected online foreign money transfer platforms, and digital wallets;
- BML Visa USD Credit Card
- Mastercard Prepaid USD Travel Card
- BML Debit Cards with USD account as the card’s primary account (to send funds only)
“We understand the importance of supporting freelancers and small merchants who rely on payments received from overseas for their livelihoods and well-being and we are delighted to enable this for our customers as another step towards enhancing our banking and payment experience,” said Karl Stumke, the CEO and Managing Director of BML.