Wave Money’s mobile payment app WavePay has crossed more than 1.1 million monthly active users with remittance value reaching nearly US$6 billion within nine months. Wave Money’s remittance value reached $5.9 billion in the first nine months of the year, representing average growth of 162 percent since January. This includes more than $13 million transferred […]
Govt provides case assistance to low-income families via mobile payment
June 23, 2020 by
The government will provide case assistance to more than five million the grass-root households as the 2nd aid scheme and has started providing a cash assistance of Ks-20,000 each to the households in Pobba Thiri, Meiktila and Kalaw via mobile payment, said U Zaw Htay, Spokesperson of President Office at a press conference at the […]
GrabPay sets sights on Cambodia and Myanmar
December 10, 2018 by
Southeast Asia’s largest ride-hailing group plans to take its mobile payments service into Cambodia and Myanmar as it expands its range of businesses throughout ASEAN countries, according to a senior executive. Reuben Lai, senior managing director of the Singapore-based company’s financial arm, identified the two countries as next on the list. Grab’s ride-hailing app is […]
Myanmar drafts digital economy master plan
January 23, 2018 by
The Digital Economy Development Committee (DEDC) is drafting the Myanmar Digital Economy Development Master Plan to develop and regulate the country’s booming digital economy, committee member U Mya Moe Aung said. In addition, the DEDC will prepare a short-term (2-3 years) and a medium-term (3-5 years) working programme. It will start implementation when the master […]
Ooredoo’s M-Pitesan launches in next development in popular mobile money industry
September 21, 2017 by
by Ben Roache M-Pitesan, Ooredoo’s entry into the increasingly competitive online mobile money industry, has launched this week. Allowing users to send money to friends and family, as well as purchasing airtime, Ooredoo hopes to change the lives of the people of Myanmar with their new innovative wallet solution. M-Pitesan’s Mobile money app works […]
Central Bank of Myanmar delivers green light for mobile wallet OK Dollar
September 5, 2017 by
by Ben Roache OK$, a mobile payment service that has recently been heavily advertised throughout Yangon, has been granted a Mobile Financial Services (MFS) licence by the Central Bank of Myanmar. This overcomes a major hurdle between OK$ and next generation retail payment, remittance and funds transfer services in the country. Fig 1 – Screenshot […]
Ooredoo Selects GoSwiff as Mobile Payments Partner
December 28, 2015 by
Qatari mobile carrier Ooredoo said it has selected GoSwiff, a Singaporean mobile payments and marketing solutions provider, as its partner for the implementation of its international mPOS (mobile point of sale) platform. The partnership will cover nine markets – Myanmar, Algeria, Indonesia, Iraq, Kuwait, Maldives, Oman, Qatar and Tunisia. The deal includes recruiting merchants to […]
