PayMedia powers the next evolution of digital payments with DhiraaguPay, Maldives

Thursday, 20 March 2025 03:29 - - {{hitsCtrl.values.hits}}

From left: Dhiraagu Fintech team with Managing Director Fazleena Fakir, Chief Guest, Maldives Monetary Authority Governor Ahmed Munawar, Dhiraagu Chairman/CEO/MD Ismail Rasheed, and PayMedia Director/CEO Kanishka Weeramunda

PayMedia, a leading fintech solutions provider, has played a pivotal role in the development of the upgraded DhiraaguPay platform, launched by Dhiraagu Fintech. This innovative payment solution introduces cutting-edge features designed to enhance the digital payment experience for individuals and businesses across the Maldives. The upgraded DhiraaguPay platform now offers a more seamless, secure, and inclusive financial ecosystem, providing users with advanced features such as bill splitting, sub-wallets, peer-to-peer transfers, Favara transfers, bill payments, and spending insights. These enhancements are set to redefine how customers manage their finances and conduct transactions with greater convenience and efficiency.

As the solution development partner, PayMedia has contributed its technical expertise and fintech innovation to transform DhiraaguPay into a next-generation payment solution. With its proven track record in digital financial services and payment platforms, PayMedia remains committed to driving digital transformation in the financial sector. Dhiraagu Fintech, a 100% subsidiary of Dhiraagu, continues to lead the Maldives’ digital economy. As the first indirect participant in the Maldives Instant Payment System (Favara), the company is dedicated to revolutionising the financial landscape with seamless and innovative payment solutions. Through its collaboration with Dhiraagu Fintech, PayMedia reinforces its position as a trusted technology partner in the fintech space, paving the way for a more connected and cashless future in the Maldives and beyond.

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