Bank of Maldives (BML) has opened registration for the limited release of its digital wallet, Swipe, offering customers early access to the 100 per cent Maldivian-developed platform designed to support both domestic and international payments.

The first 5,000 customers who register through swipe.mv will be invited to use the wallet during the limited release phase. The initiative is aimed at allowing users to experience Swipe’s core features ahead of its wider public rollout.

According to BML, customers who successfully register will be able to access key functions including instant person-to-person transfers, fast QR payments, spending insights, shareable payment links, and simple top-ups and withdrawals. The wallet also supports multi-currency accounts and can be funded through BML accounts as well as any credit or debit card.

The bank said Swipe has been developed in line with local regulatory requirements and international payment standards, with a focus on practical functionality, security, and compliance. The platform is intended to provide a locally developed alternative to foreign digital wallets, while connecting Maldivian users and businesses to global payment networks.

Swipe is expected to support freelancers and online business owners by enabling them to receive payments from clients abroad, while also offering convenience for tourists making digital payments in the Maldives. The bank said the wallet is built with advanced security measures and complies with all relevant regulatory and payment requirements.

The Swipe digital wallet was initially launched by BML in October 2025, with earlier testing phases involving selected users and businesses. The bank said the limited release marks a further step towards expanding digital financial services and showcasing Maldivian fintech innovation, ahead of a broader rollout planned for later this year.