BML to introduce digital payments for public transport

3 days ago

Bank of Maldives (BML) has signed a Memorandum of Understanding (MOU) with Maldives Transport and Contracting Company (MTCC) and Mastercard to implement an integrated transport management and automatic fare collection system for the public transport service operated by MTCC in Maldives.   The MOU between MTCC, BML and Mastercard was signed earlier this Monday.  The project is part of Mastercard’s ‘Smart Cities’ initiative to introduce