Bank of Maldives (BML) on Thursday signed two agreements with Alipay+ and Visit Maldives Corporation to strengthen digital payment solutions and promote Maldives as a leading travel destination.  
One agreement will expand BML’s contactless QR payment services and integrate Alipay+ features into the BML Swipe app, offering greater convenience for customers and merchants.  
In addition, BML, Alipay+ and Visit Maldives Corporation signed a tri‑party agreement to launch co‑branded tourism campaigns from 2026. The initiative aims to position Maldives as a preferred destination in Asian markets, support merchant enablement, and enhance visitor experiences.  
BML CEO and Managing Director Mohamed Shareef said the partnerships mark “a transformative step in advancing the Maldives’ digital payment ecosystem and amplifying its global visibility,” adding that the collaboration will deliver seamless payment experiences, energize the merchant network, and accelerate national economic growth.  
Today, we have signed two significant agreements with @AlipayPlus and @visitmaldives, reinforcing our strategic commitment to advancing digital payment solutions and fostering the growth of the Maldivian tourism sector.This partnership establishes the foundation for… pic.twitter.com/fNoyMuhxYq
— Bank of Maldives (@bankofmaldives) December 11, 2025
BML currently processes transactions across major card networks including American Express, Visa, Mastercard and UnionPay, as well as digital wallets such as BML Pay, WeChat Pay, Alipay, Apple Pay and Google Pay. The bank also provides merchants with comprehensive online payment solutions through its Merchant Portal and mPOS App, enabling real‑time payment requests, efficient transaction monitoring, and uninterrupted online store operations.
Alipay, launched by Alibaba Group in 2004, has grown into the leading mobile payment service in China, controlling over half of the market. The platform boasts around 660 million monthly active users in China.
Alipay+ is the international arm of Alipay, offering cross‑border payment solutions that connect over 1.8 billion consumers and 150 million merchants worldwide.