Ooredoo to Launch PayPal Services in Maldives Next Year, Expanding Global Financial Access

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Ooredoo Maldives has announced plans to launch PayPal services in 2026, marking a major milestone in the Maldives’ digital transformation journey and significantly expanding access to international financial transactions for individuals and businesses.

The company confirmed that it is in the final stages of partnership negotiations with PayPal, with the goal of integrating the global payment platform into Ooredoo Fintech’s m-Faisaa service. Once launched, users in the Maldives will be able to link their PayPal and m-Faisaa wallets, enabling seamless cross-border transactions and participation in the global e-commerce market.

“With the partnership between Ooredoo Fintech and PayPal, the linking of PayPal wallets with m-Faisaa wallets is a huge opportunity and advancement for businesses and individuals,” said Khalid Al Hamadi, CEO and Managing Director of Ooredoo Fintech Maldives.

The initiative is expected to benefit freelancers, entrepreneurs, and small to medium-sized enterprises (SMEs) by allowing them to transact with international clients and access global markets with greater ease. It also supports the Government’s pledge to introduce modern payment systems and strengthen the Maldives’ position in the global digital economy.

“The combination of Ooredoo Fintech and PayPal to connect PayPal Wallet and m-Faisaa Wallet is a huge step forward for Maldives,” said Minister of Economic Development and Trade Mohamed Saeed, noting that the collaboration will create “new and better opportunities” for Maldivians to engage in international trade and business.

Ooredoo emphasised that the introduction of PayPal represents a key step toward building a digitally empowered economy, aligning with national goals to promote financial inclusion, innovation, and productivity across the country.