Bank of Maldives (BML) Tuesday launched ‘BML Cashless Ride’, a convenient way for customers to pay for taxis using their debit and credit cards.
This new service, which is part of the Bank’s ‘Aharenge Bank’ campaign, will feature Point-of-Sale
terminals specially fitted for taxis.
Customers can pay using any card accepted by the Bank, and they will be issued with a printed receipt to confirm their transaction. They will also have the option of paying for their ride using BML MobilePay, the Bank’s contactless payment service.
“We are delighted to launch this convenient new service which facilitates quick and secure payments," BML Deputy CEO and Director of Operations, Mohamed Shareef said after the official inauguration of the new service.
"We believe that our customers will benefit from the option of not having to count out cash and wait for their change at the end of a taxi journey, especially given how busy the roads can get.”
The service is specially optimized for passengers carrying luggage as well.
Shareef said that although only five taxis will have the service at the start, more cars will be equipped with POS machines by the end of next month.
"We will observe the service and we will fine tune the points that strike out," Shareef stated.
BML boasts a nationwide network of 31 branches across all 20 atolls, 78 ATMs, 4,000 Point of Sale
merchants, 200 cash agents, 20 Self Service Banking Centres and 5 Dhoni Banking Units, as well
as a full suite of Digital and Online Banking Services, Bank of Maldives is committed to supporting
individuals, businesses and communities across Maldives.
‘Aharenge Bank’ is a nationwide campaign that underlines the Bank’s commitment to, and bond
with, the communities and people of Maldives. The Bank recently announced that it would double
its overall investment in communities to MVR 300 million this year.
