MMA invites proposals for consultation on Payment System

Maldives Monetary Authority building. | Photo: Corporate Maldives

Male’, Maldives – Maldives Monetary Authority (MMA) has invited for proposals from individuals or parties interesting in being a Technical Consultant for the Maldives Payment System Development Project.

MMA stated in their announcement that the Technical Expert is to assist in the implementation of the instant payment infrastructure that serves the payment needs of all the entities in the Maldives, consistent with global best practices that promote innovation and competition in payment services. In addition to this, MMA noted that they are seeking individuals with past experience in projects of similar nature and complexity.

Interested bidders are to register by submitting their contact details, including company name, country of origin, contact person and Email to The registered bidders can also obtain further clarifications regarding the bidding documents via email till 21st January 2021.

Furthermore, the proposal signed by the duly authorized signatory (ies) must be sent via email to before 1600 hours on 27th January 2021. Bids submitted past the deadline will not be accepted. A complete set of the request for proposal is available from MMA’s website