Male’, Maldives – 3rd March 2026 – In a significant step towards elevating the Maldives’ digital ecosystem, Bank of Maldives has announced its innovative digital wallet, Swipe, as the official wallet of Visit Maldives. The partnership was formalised during a signing ceremony held at the bank’s headquarters, marking a forward-thinking collaboration designed to enhance the visitor journey through seamless financial technology.
The agreement was signed by Mohamed Shareef, CEO and Managing Director of Bank of Maldives, and Ibrahim Shiuree, CEO and Managing Director of Visit Maldives. Together, the two institutions reaffirmed their shared ambition to position the Maldives at the forefront of digital innovation within the global tourism landscape.
Through this strategic alliance, Swipe will be introduced as the preferred payment solution for travellers exploring the Maldives. Designed to deliver both convenience and security, the wallet aligns with the nation’s reputation for premium hospitality while reinforcing its commitment to modern, guest-centric services. For visitors, this means effortless transactions across resorts, restaurants, excursion providers, and retail outlets—without the complexities often associated with currency exchange or international payments.
Proudly developed in the Maldives, Swipe is a fully homegrown, multi-currency digital wallet built in accordance with domestic regulatory frameworks and international payment industry standards. The platform supports both local and international transactions, offering flexibility and reliability for global travellers. Users can fund their wallets directly through Bank of Maldives accounts or by linking any credit, debit, or prepaid card, ensuring accessibility for a diverse range of visitors.
Since its limited release in January, Swipe has introduced an array of intuitive features tailored to contemporary payment needs. These include instant person-to-person transfers, rapid QR code payments, personalised spending insights, shareable payment links, and streamlined top-up and withdrawal options. The result is a user-friendly financial tool that complements the effortless luxury for which the Maldives is renowned.
This latest development builds on a broader strategic partnership established between Bank of Maldives and Visit Maldives last year. Together, the two organisations are championing digital transformation across the tourism sector—enhancing operational efficiencies, enriching the visitor experience, and strengthening the Maldives’ global competitiveness as a world-class destination.
For travellers planning their Maldivian escape, the introduction of Swipe signals a new era of convenience—where paradise meets innovation, and every transaction is as smooth as the turquoise waters that surround these idyllic islands.
