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Local and Alternative Payment Methods in Maldives
Population
523,787
Currency
Maldivian Rufiyaa
Maldives, with over 500,000 people, is a burgeoning e-commerce market. The currency is the Maldivian Rufiyaa (MVR), and the main language is Dhivehi.
The e-commerce and online payment sectors are growing fast. For online merchants, using local payment methods is key to boosting sales. Familiar payment options make customers more likely to complete purchases, reducing cart abandonment, building trust, and enhancing security.
Benefits of Local Payment Methods:
- Increase sales.
- Reduce cart abandonment.
- Enhance customer satisfaction.
- Build customer loyalty.
- Gain trust and stand out in the market.
Offering local payment options connects you with millions of potential customers in the Maldives and drives growth.
Maldives
Popular payment methods
Visa
Cards
Widely accepted credit card offering secure payments, rewards, and global access. Ideal for everyday purchases, travel, and online shopping.
Google Pay
Wallet
A fast, secure mobile wallet for contactless payments, online purchases, and money transfers, linked to your cards and accounts for seamless transactions.
BML Maldives Bank IPG
Cards
BML Bank Maldives Payment Gateway enables secure online transactions, allowing businesses to accept payments via credit, debit cards, and other digital payment methods.
Apple Pay
Wallet
A secure, contactless payment method using your Apple Wallet for instant in-store, online, and in-app transactions, linked to your cards and accounts.
ALLSECURE GLOBAL
Cards
ALLSECURE GLOBAL provides secure, scalable payment solutions, enabling businesses to process online and in-store transactions worldwide with advanced fraud protection.
Mastercard
Cards
Mastercard: A global payments company offering secure, fast, and convenient payment solutions for individuals and businesses worldwide.