MMA hint works on international payment gateway

Maldives Monetary Authority (MMA) confirms establishing international payment gateway in the coming six-month period.

Moreover, the confirmation comes from Maldives Governor Ali Hashim who made the comments during Wednesday’s parliamentary inquiry session.

In his explanation, Maldives Governor confirms the system originates from an international platform.

Furthermore, he notes the system’s integration will be in accordance with financial policies and legal regulations of Maldives.

According to Governor Hashim, the international payment gateway will follow a strict ISO222 standard; allowing for applications like PayPal to provide services.