The Central Bank of Myanmar is set to implement a standardised national payment system by this year, says CBM Vice Governor U Bo Bo Nge. Daw Than Than Swe, director general of the CBM’s Financial Institutions Regulation Department, said to the Myanmar Times that the system will cover international payments, mobile wallets and all mobile […]
QR code payment system set to launch this year
February 20, 2019 by Thiha
Filed Under: Latest News Tagged With: Ali-pay, CBM, Central Bank of Myanmar, JCB, M-Pitesan, mobile wallet, Myanmar Payment Union, OK$, QR codes, quick response code, visa, Wave Money, WeChat
Myanmar’s AYA Bank partners with mFino to offer new products
August 31, 2017 by Thiha
AYA BANK, one of the top three private banks in Myanmar, recently signed a pact with mFino, a global fintech solution provider, to deliver new products and advanced payments for the market, said Myint Zaw, the bank’s managing director. He said the partnership would lead the bank to introducing mobile fintech products by the end […]
Filed Under: Latest News Tagged With: advanced payments solutions, authorised agent locations, AYA Bank, bank account, banks and financial institutions, bill payments, branch network, Central Bank of Myanmar, core banking system, deposits, global fintech solution provider, Max Myanmar Group of Companies, mFino, Misys FusionBanking, mobile payment, Myanmar’s AYA Bank partners, Myint Zaw, near field communication, NFC, P2P transfers, QR, quick response code, secure banking services, smartphone users, the bank’s managing director, top-ups, withdrawals, Zaw Zaw