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News

mFaisaa Cashback Offer Aims to Ease Fuel Costs for Drivers

By Hussain Shinan Published 5 hours ago

Ooredoo Fintech Maldives has introduced a new cashback promotion through its digital wallet mFaisaa, offering motorists added value on fuel purchases amid rising petrol prices.

Under the limited-time offer, customers who spend MVR 50 on petrol using mFaisaa will receive MVR 20 cashback directly to their wallet. The promotion is currently available at fuel sheds operated by Fuel Supplies Maldives (FSM) and Hawks Private Limited in Malé and Hulhumalé.

The initiative comes at a time when fuel prices continue to impact daily expenses, with officials describing the offer as a way to provide practical savings on essential spending. The cashback is credited automatically after each eligible transaction, allowing users to offset future purchases.

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Supporting Everyday Expenses

The promotion effectively provides customers with the value of an additional litre of fuel when they meet the spending threshold, offering immediate financial relief for regular drivers.

Company representatives said the campaign is part of broader efforts to expand digital financial services and encourage cashless transactions across the Maldives.

How the Service Works

To access the offer, users are required to make payments through the mFaisaa wallet at participating fuel stations. Once the transaction is completed, the cashback is deposited directly into the user’s account.

Customers can activate the service through the Ooredoo Maldives App by registering for mFaisaa, verifying their identity, and setting up a secure PIN for transactions.

Growing Digital Ecosystem

Ooredoo Fintech Maldives said mFaisaa continues to play a central role in its push to deliver more convenient and accessible financial services, with features designed to simplify payments while offering added incentives.

Customers have been encouraged to make use of the promotion while it remains available, as part of ongoing efforts to ease the burden of rising living costs.

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“The Standard Maldives” is your premier source for the latest news, insights, and stories from the Maldives. With a commitment to accuracy and independence, we bring you comprehensive coverage of local developments, regional events, and global perspectives that impact our island nation. From breaking news to in-depth analyses, we aim to inform, inspire, and engage. Proudly carrying the tagline, ‘The World’s Window on Maldives,’ we connect the Maldives to the world and the world to the Maldives. Stay informed, stay connected.”

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