A study on implementing a domestic payment scheme in Maldives / Moosa Saifulla

By: Saifulla, MoosaPublication details: 2017. Description: 69 p. : col. ill. ; 30 cmDDC classification: MIT 332.4 SAI

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Item type	Current library	Home library	Call number	Status	Date due	Barcode	Item holds
Research papers	Villa College QI Campus	Villa College Library	MIT 332.4 SAI (Browse shelf(Opens below))	Not for loan		11083

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Previous	MIT 005.8 MUH Information security in government sector in the Maldives : effectiveness and threats /	MIT 330 ASI Overcoming the challenges of harmonizing trade data for national single window in the Maldives /	MIT 332.17 MOH An investigation of risks associated with online banking in Maldives and how to minimize them /	MIT 332.4 SAI A study on implementing a domestic payment scheme in Maldives /	MIT 338.47910285 IBR ICT and e-business in tourism development /	MIT 352.380285 HAL An assessment of the e-government readiness in the Maldives /	MIT 353.59 SHA Enhancing the civil registration system of the Maldives through the use of ICT /	Next

Abstract

In spite of the fact that Maldives Monetary Authority issued license to eight banks to operate in Maldives and two mobile operators for providing mobile payment service in Maldives, digital payment industry in Maldives continue with challenges due to banks and service providers operate in an independent environment. This research is a study on implementing a domestic payment scheme in Maldives which will act as a national payment network interconnected by banks and all the payment service providers in Maldives. The first phase of the research involves studying and analysing domestic payment solutions implemented and operating on countries from various regions around the globe. Second phase involves understanding the people and their interaction towards different digital payment methods including existing and new trends. Finally proposing an enhanced and tailored framework for Maldives digital payment ecosystem.
Keywords: Digital Payment, Domestic Payment, Mobile Payment, Maldives Monetary Authority (IVIMA), Digital Payments in Maldives

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