The Maldives, an archipelago nation in the Indian Ocean known for its pristine beaches, has a well-developed tourism industry and a modern financial system. The country has a focus on electronic payments and card transactions, with a high adoption of credit cards and debit cards. Mobile wallets and online banking are also becoming increasingly popular. The Maldives’ payment system shows a relatively high level of digitalization, especially in the tourism sector. Credit and debit card usage is prevalent among tourists and in larger businesses catering to visitors. Online banking and electronic transfers are common, especially for business transactions. Mobile payment solutions are expanding, although cash transactions remain relevant, especially among the local population and smaller businesses.
Estimated Population
550000
Currency
Maldivian rufiyaa (MVR)
All supported payment methods for Maldives:
Visa, Mastercard, American Express, JCB, UnionPay International, Discover, Diners Club, Apple Pay, Google Pay, PayPal, MaestroPopular payment methods
Mastercard
Credit/Debit Cards
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American Express
Credit/Debit Cards
Elevate your business with American Express, a premium payment network that attracts discerning customers and drives higher-value transactions.
JCB
Credit/Debit Cards
JCB is a leading international payment network, offering a unique opportunity for businesses to reach a growing customer base, especially in Asia-Pacific.
UnionPay International
Credit/Debit Cards
UnionPay is the world’s largest payment network, offering businesses the opportunity to tap into the vast Chinese market and beyond.
Discover
Credit/Debit Cards
Discover is a leading payment network that offers a unique combination of security, rewards, and customer service, making it an attractive option for businesses.
Diners Club
Credit/Debit Cards
Diners Club is a global payment network renowned for its premium services and exclusive benefits, offering businesses access to a discerning clientele.
Apple Pay
Wallets
Apple Pay offers businesses a convenient and secure way to accept payments from iPhone, Apple Watch, and Mac users, enhancing the customer experience and boosting sales.
Google Pay
Wallets
Google Pay empowers businesses to offer a fast, secure, and convenient mobile payment experience, attracting a wide range of customers.
