Maldives’ Latest Move to Attract Indian Tourists: Easier Payments
Skift Take
Maldives' decision to introduce RuPay cards in the country in partnership with India may or may not lead to an uptick in Indian tourists. But it could boost its tourism earnings.
Maldives is now supporting payments through cards running on RuPay, India’s card payment network. The decision was announced this week after talks between Indian Prime Minister Narendra Modi and Maldivian President Mohamed Muizzu.
RuPay is the Indian alternative to Visa and MasterCard. Data by market research firm 1Lattice last year showed that RuPay dominated the debit card market in India. As of last July, over 700 million RuPay cards had been issued across the country.
"The acceptance of Indian Rupees will help Indian tourists