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BML Lifts Restrictions on Previously Blocked Foreign Merchants
Bank of Maldives (BML) lifted restrictions on previously blocked foreign merchants, allowing customers to use its Visa USD credit card, Mastercard prepaid USD travel card and USD-account debit cards to send and receive funds through selected money transfer platforms and digital wallets. The move follows a 7 January cabinet decision tasking BML with introducing e-wallet services, and aligns with President Mohamed Muizzu's pledges to freelancers and small merchants.
Sources1carried itMR1 of 19 news outlets we monitor
One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
What happened
in order; days are read from the reports' words and dates
Sun 7 JanThe cabinet decided to task BML with introducing e-wallet services within a week.7 Januaryonly Maldives RepublicThe decision to lift restrictions on previously blocked payment platforms follows a cabinet decision on 7 January to task BML with introducing e-wallet services within a week.
Word for word from the report in Maldives Republic. Open the report
Who said what
the reports' own quoted words, each once
We understand the importance of supporting freelancers and small merchants who rely on payments received from overseas for their livelihoods and well-being.
