MPU cards, Visa and MasterCard credit cards to be enabled under YPS

Bank account holders will be able to use their ATM cards as prepaid cards under the Yangon Payment Services (YPS) scheme, said Yangon Chief Minister U Phyo Min Thein. The Yangon Regional Government is currently in the process of awarding the contract to implement YPS to one of two companies: Anypay Payment Services or Asia […]

Acer, Excel Myanmar to Bring Cashless Fares to Yangon Bus System

YANGON — Nearly a month behind schedule, an ad hoc assessment board convened by the Yangon Region government has named Excel KC Myanmar the winner of a contract to implement a cashless payment system for the city’s public bus commuters. The regional government solicited bids in late August for the card payment platform, the Yangon […]