MMA signs agreement with TietoEVRY to implement an Instant Payments System in the Maldives
The Instant Payments System in the Maldives will be based on TietoEVRY’s Instant Payments Solution.Maldives Monetary Authority (MMA) has signed an agreement with TietoEVRY, to implement an Instant Payments System in the Maldives. Initiated under the Maldives Payment System Development Project, the Instant Payments System will form the most essential component of the project. Despite being a geographically dispersed island nation, the successful implementation of the system will enable users to make and receive payments in real-time, irrespective of the island they live on or where they bank.