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Business Business / digital economy Maldives Impact 8.0/10 3 min read
PayPal Set to Launch Services in the Maldives Through Partnership with Ooredoo Fintech

PayPal Set to Launch Services in the Maldives Through Partnership with Ooredoo Fintech

Minister Mohamed Saeed confirmed that the system enabling PayPal's services in the Maldives has been successfully established. PayPal will enter the market through a partnership with Ooredoo Fintech. Ooredoo Fintech described it as a transformative initiative realizing President Muizzu's vision. The government worked for over two years to establish legal and regulatory frameworks. The service is expected to go live in 2026. Ooredoo Fintech expressed confidence that PayPal will enhance cross-border trade and open new avenues for local talent.

Minister Mohamed Saeed confirmed that the system enabling PayPal's services in the Maldives has been successfully established. PayPal will enter the market through a partnership with Ooredoo Fintech. Ooredoo Fintech described it as a transformative initiative realizing President Muizzu's vision. The government worked for over two years to establish legal and regulatory frameworks. The service is expected to go live in 2026. Ooredoo Fintech expressed confidence that PayPal will enhance cross-border trade and open new avenues for local talent.

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Maldives News Network

Published

Oct 14, 2025

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Minister Mohamed Saeed confirmed that the system enabling PayPal's services in the Maldives has been successfully established. PayPal will enter the market through a partnership with Ooredoo Fintech. Ooredoo Fintech described it as a transformative initiative realizing President Muizzu's vision. The government worked for over two years to establish legal and regulatory frameworks. The service is expected to go live in 2026. Ooredoo Fintech expressed confidence that PayPal will enhance cross-border trade and open new avenues for local talent.

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