Bank of Maldives has opened invitations for Swipe’s limited release, providing customers with early access to a 100 percent Maldivian-developed digital wallet designed to support seamless international and domestic payments. The initiative reflects the bank’s continued focus on advancing the country’s digital payment ecosystem while delivering secure, practical, and user-friendly financial solutions for a rapidly evolving global environment.
Under the limited release phase, the first 5,000 customers who register through swipe.mv will be invited to begin using Swipe. This early-access opportunity allows users to experience a range of core features that simplify everyday transactions and enhance financial convenience. Once successfully registered, customers can make instant person-to-person transfers, complete fast QR-based payments, view spending insights, generate shareable payment links, and perform simple top-ups and withdrawals, all within a single digital platform.
Swipe has been developed in line with local regulatory requirements and international payment standards, ensuring strong compliance, reliability, and security. The wallet supports multi-currency accounts, enabling users to manage and transact in different currencies with ease. Funding options include direct links to Bank of Maldives accounts as well as the ability to add funds using any credit or debit card, offering flexibility for both residents and visitors.
Beyond its technical capabilities, Swipe represents a broader vision to position the Maldives as a digitally progressive nation with homegrown financial technology solutions that can serve both domestic needs and international expectations. By focusing on practical functionality and robust compliance, Swipe is designed to cater to individuals, businesses, and travelers seeking a modern payment experience that aligns with global standards while being rooted in local innovation.
The limited release marks an important step toward wider adoption of Swipe, as feedback from early users will help refine the platform ahead of broader availability. With this initiative, Bank of Maldives continues to reinforce its role in shaping the future of digital banking in the Maldives, offering customers greater choice, convenience, and confidence in managing their financial lives in an increasingly connected world.
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