BML announces changes to QR payment limits on Mobile Wallet

Bank of Maldives' mobile banking application displayed on a phone.

Bank of Maldives (BML), on Tuesday, has announced changes to the limits imposed on Mobile Wallet transactions made through QR payment option.

The changes, effective today, are as follows;

Maximum limit of MVR 750 for each QR transaction through Mobile Wallet

Daily limit of 10 QR transactions through Mobile Wallet for all customers

The bank notes that customers will have the option to use physical cards to process transactions exceeding these limits.

BML launched its updated mobile banking application, introducing the digital wallet service, on May 23 of last year.