Economic Ministry: PayPal will catalyze revolutionary growth across domestic e-commerce landscape

The Economic Ministry announced that the integration of PayPal services in the Maldives will catalyze revolutionary growth in e-commerce and the digital economy. PayPal was officially inaugurated on June 15, 2026, by President Dr. Mohamed Muizzu at Barceló Nasandhura Male'. The service is integrated with Ooredoo Fintech's m-Faisaa, allowing Maldivian users to link wallets for cross-border transactions. The ministry stated this milestone unlocks avenues for private enterprise, strengthens the national economy, creates international trade opportunities, and secures foreign exchange inflows. President Muizzu said the integration is part of efforts to transform the Maldives into a fully developed nation by 2040.

The Economic Ministry announced that the integration of PayPal services in the Maldives will catalyze revolutionary growth in e-commerce and the digital economy. PayPal was officially inaugurated on June 15, 2026, by President Dr. Mohamed Muizzu at Barceló Nasandhura Male'. The service is integrated with Ooredoo Fintech's m-Faisaa, allowing Maldivian users to link wallets for cross-border transactions. The ministry stated this milestone unlocks avenues for private enterprise, strengthens the national economy, creates international trade opportunities, and secures foreign exchange inflows. President Muizzu said the integration is part of efforts to transform the Maldives into a fully developed nation by 2040.

The Economic Ministry announced that the integration of PayPal services in the Maldives will catalyze revolutionary growth in e-commerce and the digital economy. PayPal was officially inaugurated on June 15, 2026, by President Dr. Mohamed Muizzu at Barceló Nasandhura Male'. The service is integrated with Ooredoo Fintech's m-Faisaa, allowing Maldivian users to link wallets for cross-border transactions. The ministry stated this milestone unlocks avenues for private enterprise, strengthens the national economy, creates international trade opportunities, and secures foreign exchange inflows. President Muizzu said the integration is part of efforts to transform the Maldives into a fully developed nation by 2040.

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