Bank of Maldives Introduces Master Business Prepaid Cards for Enterprises

Bank of Maldives (BML) has launched its new Master Business Prepaid Cards designed for small and medium enterprises (SMEs) and corporate customers. The cards were introduced during the ongoing Business Expo at Hotel Jen, with the goal of simplifying financial transactions for businesses.

BML offers two types of prepaid cards: the Business Prepaid Rufiya Card and the Business Prepaid Dollar Card. The Rufiya Card is intended for use within the Maldives and is accepted at ATMs, POS machines, and online platforms, with a daily limit of MVR 200,000 and a maximum reload of MVR 500,000. Meanwhile, the Business Prepaid Dollar Card can be used both domestically and internationally, with a daily limit of USD 50,000 and a reload cap of USD 100,000.

Both cards come with the added advantage of being part of the MasterCard Easy Savings Programme, offering discounts on products like Adobe Acrobat and Google Workspace. Customers also gain access to the MasterCard 'Priceless' program, which provides special offers for flights and hotels, along with a 35% discount on Zoho products.

Additionally, BML’s mobile app now supports QR transactions, making payments even more convenient. Businesses interested in learning more about these cards and other financial services can visit the ongoing Business Expo, which runs until 5:00 PM today.