Maldives

The Republic of the Maldives is an island nation in the Indian Ocean consisting of a double chain of twenty-six atolls. It is south-west of Sri Lanka and south-west of India.


Link to external site : Website for Maldives
Maldives
Wallets
Development Developing
Send or Receive
GDP ($m)
HDI classification Medium
Mobile Connections (m)
Currency MVR
Class
CountryISO MV
Sovereignity Country
Territory of - NA -
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Channel Analysis
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COT Analysis
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Persona Analysis
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Products
No data to report
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PI Analysis
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Central Bank
Central Bank Website for Maldives
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Key Regulations
Type of law
Common and Religious
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Legal System
Islamic religious legal system with English common law influences, primarily in commercial matters
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Law is based on
Approach
Sectors active in Digital Money
Exclusivity
Certainty
Openness
Proportionate?
Allowed Models
DominantModel
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Population m 0.31
Adult % 68.00
Migrants %
Stock Immigrants ('000)
Emigration Rate %
Internal Migrants ('000)
Internal Migration Rate %
Intl Movement Rate %
Urban % 37.00
Female % 44.80
Literate % 97.05
Annual Growth %
Mobile Penetration % 106.62
Banked % 35.00
Access to FS % 40.88
Internet % 11.00
Branches per 100k adults 0.00
ATMs per 100k adults 0.00
POS per 100k adults 0.00
Prepaid % 96.90
Prepaid SIM Registration
MobileUnbanked (m) 0.20
Monthly ARPU
Cards 2010 ('000)
Propensity %
Overall
Population
On Remittance Sent
On Remittance Received
Mobile Unbanked
Migrant %
MP %
Banked %
Development
Can Provide Payments?
Can Market under Brand?
Can issue E-Money?
Can Open Customer Account?
Can Own Customer?
Can do Cash In/Cash Out?
Can offer Domestic Money Transfer?
Can offer International Money Transfer?
Importance for Digital Money
Digital Money Adoption
Registered Wallet Users
Top Wallets
Informal Market
Cost To Remit
Key Players

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