BML’s Swipe becomes official wallet of Visit Maldives

The Bank of Maldives (BML)’s innovative digital wallet, Swipe, has been made the official wallet of Maldives’ tourism promotion board, Visit Maldives.

According to BML, this collaboration is aimed at enhancing the visitor experience through digital innovation.

The strategic partnership between Swipe and Visit Maldives was formalized on Tuesday, with the signing of an agreement by BML’s CEO and Managing Director Mohamed Shareef and Visit Maldives’ CEO and Managing Director Ibrahim Shiuree.

According to BML, this agreement positions Swipe as the premier payment solution for tourists visiting the Maldives, offering both convenience and security, and further enhancing the Maldives' dedication to digital innovation and premium hospitality.

Swipe is a 100 percent Maldivian-developed multi-currency digital wallet, built in compliance with domestic regulatory frameworks and international payment industry standards.

The app facilitates both local and international transactions and can be funded through BML accounts or via any credit, debit, or prepaid card.

Since launching its limited release in January, Swipe has offered users access to a range of core features, including instant person-to-person transfers, fast QR payments, personalized spending insights, shareable payment links, and simplified top-ups and withdrawals.

According to BML, Tuesday’s agreement builds upon the broader strategic partnership established between BML and Visit Maldives in last year, and underscores a shared commitment to accelerating digital transformation within the tourism sector, enhancing operational efficiency, and strengthening the global competitiveness of the Maldivian travel industry.