Bank of Maldives has opened registration for a limited release of Swipe, a locally developed digital wallet that will allow selected users to access its core payment features ahead of a wider rollout.
According to the bank, the first 5,000 customers who register through the Swipe platform will be invited to participate in the limited release. The early access phase is intended to allow users to begin using the wallet’s primary functions while the product remains in a controlled launch stage.
Swipe has been developed as a multi-currency digital wallet, supporting both domestic and international payments. Users accepted into the limited release will be able to make person-to-person transfers, complete QR-based payments, generate shareable payment links, and access basic spending insights. The wallet also allows for top-ups and withdrawals, with funding supported through Bank of Maldives accounts as well as credit and debit cards.
The bank said the product has been developed in line with local regulatory requirements and international payment standards, with an emphasis on compliance and operational reliability. Swipe is positioned as a Maldivian-built payments platform, reflecting a broader push within the banking sector to expand digital payment options and reduce reliance on cash-based transactions.
Registration for the limited release is now open, with invitations expected to be issued progressively to eligible users.
