K. Male'
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10 Jan 2023 | Tue 17:02
BML enables RTL bus payments for Mastercard and Visa cards
BML enables RTL bus payments for Mastercard and Visa cards
Bank of Maldives
Bank of Maldives
BML enables RTL bus payments from Mastercard, Visa card
 
The country’s national bank made the announcement on Tuesday
 
Passengers on RTL Malé City bus networks may now use contactless Mastercard and Visa card including those issued by BML, for fare payments
 
Visa and Mastercard payments have been integrated for RTL buses operated by MTCC

Bank of Maldives (BML) has enabled payments for Raajje Transport Link (RTL) buses operated by Maldives Transport and Contracting Company (MTCC), through Mastercard and Visa cards.

The country’s national bank made the announcement on Tuesday, revealing that Visa and Mastercard payments have been integrated for RTL buses operated by MTCC, with which passengers on RTL Malé City bus networks may now use contactless Mastercard and Visa card including those issued by BML, for fare payments on the ticket validators.

In addition to card payments, BML revealed that bus and ferry tickets have been made available for purchase on the RTL Mobile App.

BML’s MD Karl Stumke revealed that the bank will continue to collaborate with their partners to introduce additional payment methods.

Our more than 300,000 customers can now use their BML debit or credit cards to make tap-and-go payments easily and securely on the RTL network. We will also continue to collaborate with our partners to introduce additional payment methods. Our aim is to invest in providing innovative solutions that provide a seamless experience for everyone.”
Karl Stumke, BML’s MD.

Further, Mastercard’s Country Manager in Sri Lanka and Maldives, Sandun Hapugoda remarked that Mastercard has been working towards simplifying daily commuting in many cities around the globe and is proud to bring this wealth of experience to upgrade Maldives transit.

Mastercard is delighted to partner with MTCC and honored to contribute towards the vision of MTCC to deliver world-class solutions to the people of Maldives. With open loop acceptance for contactless enabled Mastercards, commuters will be able to enjoy a frictionless experience, all while directly impacting the growth of digital payment adoption. Mastercard has been working towards simplifying daily commuting in many cities around the globe and we are proud to bring this wealth of experience to upgrade Maldives transit. As open loop becomes the most widely adopted payment method across smart cities worldwide, we are proud of our efforts which led to the Maldives being a part of this list.”
Sandun Hapugoda, Country Manager, Sri Lanka and Maldives, Mastercard.

MTCC currently accepts fare payment methods for the RTL bus service of cash payments, paper tickets directly from RTL Malé buses and atoll regions, online payments, account-based ticketing through Mastercard and Visa branded contactless debit or credit card payments alongside the newly introduced Tap to Pay.

MTCC revealed that with the contactless tap to pay option has commenced for bus networks in the capital region, the service will soon be introduced in other atoll regions as well.

The company went onto reveal that the RTL schedule and route map have been made accessible on the RTL website and travel app.

Customers may also access the apps’ live-tracking feature to find the location of MTCC buses.

MTCC took the opportunity to express gratitude to their customers in the capital region as well as atolls, for their continuous cooperation and support since the inception of their RTL service.

Adam Azim, CEO of MTCC also commented on the significant milestone, noting that this was an essential step in making MTCC’s services more easily accessible and convenient for the public.

We are grateful to our partners BML and Mastercard for the immense support and assistance provided in the integration of contactless Mastercard and Visa debit and credit card payments into our RTL bus service. This is an essential step for us in making our service more easily accessible and convenient to the public. We believe the option to use this contactless payment method will be a major factor in helping even more people adopt our RTL bus service. Our aim is to provide an excellent service that is enriched with a wide array of convenient options, thereby enhancing our customer experience."
Adam Azim, CEO of MTCC.

As the archipelago nation’s largest public transport provider, MTCC’s objective remains to provide safe, affordable and convenient land and sea transportation services to the public.

BML remains committed to support individuals, businesses and communities across Maldives with a nationwide network of 35 branches spanning 20 atolls, 82 self-service banking centers, 140 ATMs, more than 200 agents and a full suite of digital banking services.

Last updated at: 1 year ago
Reviewed by: Fathimath Zuhaira
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