The service provider for the card payment system of Yangon’s buses has been selected. The regional government originally aimed to start the new service by February. But, four months after the target start date, the authorities have not named a date for the implementation of the cashless payment services. The Yangon regional government has chosen […]
MPU cards, Visa and MasterCard credit cards to be enabled under YPS
April 26, 2018 by
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 […]
Calls for YBS fare hikes mount as losses widen
March 14, 2018 by
It’s been more than a year since the Yangon Bus Service (YBS) was launched in Yangon in January 2017, but many routes are still loss-making. As a result, calls for measures to reduce the pressure on YBS margins and alleviate costs on the loss-making routes have been on the rise. “At fares of K200 per […]
