Dhiraagu Launches Upgraded DhiraaguPay Platform for Seamless Payments

Dhiraagu has officially launched the upgraded version of DhiraaguPay, the company’s digital payment platform, providing a more advanced and user-friendly solution for all customer financial transactions. The event, held to introduce the new platform, saw key figures like Mr. Ahmed Munawar, Governor of the Maldives Monetary Authority (MMA), highlighting the essential role telecom operators like Dhiraagu play in transforming the financial sector. He emphasized that collaboration between sectors will attract more investments and drive the country’s growth.

Mr. Ismail Rasheed, CEO of Dhiraagu and Chairman of Dhiraagu Fintech, shared that DhiraaguPay has evolved from a basic e-wallet into a sophisticated and inclusive payment system, offering customers a wide range of services. Rasheed noted that Dhiraagu's extensive digital infrastructure plays a critical role in delivering these services, aiming to improve the lives of people and businesses alike.

Ms. Fazleena Fakir, Managing Director of Dhiraagu Fintech, referred to the upgraded platform as a revolution in managing money and transactions. She emphasized that DhiraaguPay is designed to empower customers to handle their finances securely and conveniently from anywhere. The platform’s vision is to bring the future of Fintech solutions to both locals and visitors.

The new DhiraaguPay platform introduces features like bill splitting, sub-wallets, peer-to-peer transfers, FAVARA transfers, bill payments, and detailed spending insights. These features make financial management easier and smarter for users. Additionally, users of the previous platform will be able to securely transfer their remaining funds to the upgraded system.

Dhiraagu Fintech, a fully owned subsidiary of Dhiraagu, was established in 2023 to address challenges in the Maldives' financial system. It is also the first indirect participant in the Maldives Instant Payment System (FAVARA), positioning the company at the forefront of the nation's digital economy.