News

OT, Myanmar Mobile Money launch mobile financial services

Thursday 30 January 2014 08:09 CET | News

Oberthur Technologies, a provider of digital security solutions for the mobility space, announced that Myanmar Mobile Money, together with its consulting partner company Mobilemate Telecommunication P/L, has launched mobile money services nationally in The Republic of Union of Myanmar, relying on its solution.

The national mobile money service, offered in both English and Myanmar, is based on OT’s MoreMagic m:Wallet. It includes person-to-person transfer, agent-assisted cash-in/-out, air time top-up, salary disbursements, and merchant payments.

In recent news, Oberthur Technologies has entered a partnership with mBank, an entity affiliated to the PlaNet Finance group that aims to enhance financial inclusion through mobile technology, to offer mobile branchless banking in emerging markets.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: OT, Myanmar Mobile Money, mobile financial services, Myanmar, MoreMagic, m:Wallet, Oberthur Technologies
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce