The Commercial Bank of Maldives (CBM) has introduced UnionPay cards in the Maldives, marking a historic first for the country. With this initiative, CBM aims to cater to the increasing demand for secure and convenient international financial transactions among Maldivians, particularly for travel and business purposes.
The product lineup includes UnionPay Debit Platinum, Credit Platinum, and Credit Classic cards. Initially, these cards will support international transactions exclusively, offering Maldivian travellers access to UnionPay’s vast network in over 183 countries and regions.
CBM emphasized that the cards are designed with features to enhance the travel and security experience for its customers. “The growing demand for UnionPay cards in the international market has motivated us to introduce these products with features that meet our customers' travel and security needs,” the bank stated.
Key Benefits for UnionPay Cardholders:
- Global Reach: UnionPay cards are accepted at establishments such as hotels, restaurants, duty-free shops, and retail outlets in 183 countries, offering unmatched convenience for travellers.
- Exclusive Travel Offers: Cardholders can access special promotions and discounts at select international merchants, enhancing their travel experiences.
- Flexible Transactions: With online and offline payment options, users can efficiently manage expenses while abroad.
- Advanced Security Features: Enhanced security measures are integrated to safeguard against fraud and unauthorised transactions, ensuring peace of mind for users.
- 24/7 Customer Support: Dedicated customer service is available around the clock for assistance with any travel-related issues.
CBM's UnionPay cards signify a step forward in modernizing international banking for Maldivians, reflecting the bank’s commitment to supporting the global financial needs of its clientele. The launch aligns with CBM's mission to provide reliable and innovative banking solutions, strengthening the global connectivity of Maldivians.
These UnionPay cards are poised to become a valuable addition to CBM’s portfolio, empowering individuals and businesses with a secure and efficient platform for international transactions.