The faisawear Tag allows you to perform contactless payments with ease. Stick it on your phone, wallet, or any portable item to simplify your payment experience wherever you go.
Introducing
faisawear Tag
First In the Nation
Simplify payments like never before with the all-new faisawear Tag. Compact and versatile, this innovative payment device adheres seamlessly to your phone or wallet, enabling effortless contactless transactions. Elevate your convenience and style in the modern payment landscape—because simplicity is sophistication.
Compact Payment Convenience
Make contactless payments effortlessly
Secure & Hassle-Free
Secured by multiple layers of protection
Domestic and International Use
Local & International Transactions
Effortless Account Management
Manage your devices via faisanet & faisamobile
Equipped with NFC-enabled chips and secure encryption technology, the faisawear Tag ensures that your transactions are safe. High-value transactions are protected with PIN authentication, providing you with confidence for every purchase.
faisawear Tag linked to USD accounts can be used internationally, while MVR-linked Tags offer a seamless payment experience within the Maldives. For MIB9 customers with MVR salary accounts linked to the Tag, foreign purchases up to the allocated USD limit are enabled.
Control your Tag through MIB’s online platforms—faisanet and faisamobilex . Activate, block, or change your tag PIN anytime, anywhere.
Frequently Asked Questions
3 years from the issuance date.
Request a replacement or renewal via faisanet or the applynow portal.
Change your PIN using faisanet, faisamobilex, or by visiting an MIB branch.
Transaction limits follow the existing contactless limits of debit cards. Transactions up to MVR 750 do not require a PIN, while those above MVR 750 require PIN authentication.
No, each tag is linked to a single account.
Immediately block your tag via faisanet, faisamobilex, or by contacting the MIB Call Centre.
Activate your Tag using faisanet or faisamobilex
Yes, Tags linked to USD accounts can be used both domestically and internationally. Tags linked to MVR accounts are for domestic use only. MIB9 customers with MVR salary accounts linked to the Tags can use it for foreign purchases within their allocated USD limit.
Yes, joining and annual fees apply to the faisawear Tag. Fees are charged as per MIB’s Schedule of Charges.
You can apply for the faisawear Tag through the ApplyNow portal or visit Male’ and Hulhumale’ distribution centers or any MIB branch to get one instantly.
The faisawear Tag is MIB’s latest payment innovation. Designed for contactless transactions, it adheres to portable items like phones or wallets, allowing users to make secure payments effortlessly.