The e-payments space has been one to watch during the past 10 years in Myanmar, with Onepay’s interbank app being the most recent innovation to reach the market. Launched earlier this month, Onepay’s mobile platform allows users to transfer funds among seven local institutions – Asia Green Development Bank (AGD Bank), Ayeyarwady Bank (AYA Bank), […]
As remittance market reaches saturation, mobile money keeps growing
November 15, 2019 by
If the mobile money market were a football match, then the second half has just begun. As the undisputed market leader, Wave Money is already a few goals ahead. It reports having almost 50,000 agents and more than 11 million customers, who remitted US$2.8 billion between January and September of this year. By the end […]
