Economy Maldives 2.0 / payment gateways Maldives Impact 8.0/10 1 min read

Digital growth targeted as PayPal opens door for global platforms, economic minister says

Minister of Economic Development Mohamed Saeed announced that PayPal's trust in the Maldives opens the door for other payment gateways, modernizing the digital economy. This milestone results from President Muizzu's efforts to address content creators' concerns. The 'Maldives 2.0' vision aims to reduce reliance on traditional sectors and create opportunities for youth. Discussions with Google have led to a new project in the Maldives. The government is working to enable income from platforms like TikTok and YouTube.

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Jun 18, 2026

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Minister of Economic Development Mohamed Saeed announced that PayPal's trust in the Maldives opens the door for other payment gateways, modernizing the digital economy. This milestone results from President Muizzu's efforts to address content creators' concerns. The 'Maldives 2.0' vision aims to reduce reliance on traditional sectors and create opportunities for youth. Discussions with Google have led to a new project in the Maldives. The government is working to enable income from platforms like TikTok and YouTube.

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