Maldivian telecommunication giant Dhiraagu has introduced their mobile-phone pay option through "Dhiraagu Pay".
The mobile application was introduced at Hotel Jen on Sunday by Finance Minister Ahmed Munavvar.
The newly introduced feature would allow Dhiraagu's customers to send and receive money via electronic transactions. The service is not exclusive only for smartphone users, simply using *777# and subscribing for the feature.
Users who subscribe for the service through extension and smartphone application would be subjected for a value of MVR 5,000 for transactions while customers who apply for the services through Dhiraagu customer service centers are subjected for a value of MVR 20,000.
Customers can use the service using NFC stickers as well as using QR Code as well.
Speaking at the ceremony, Chief Executive Officer Ismail Rasheed said that while Maldivian customers use about 800,000 phones - double the country's population - the highest customer base is counted under Dhiraagu. He also added that with the inception of electronic wallet "Dhiraagu Pay" it would become the most used and in demand application in the country as well as play a vital role in eliminating paper notes in transaction to promote a safer environment for customers.
While Dhiraagu launches their e-money service on Sunday they had launched mobile plan's customizable package "Mamen" on Saturday.