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Discover all the payments and fintech-related news and analysis about Myanmar in The Paypers News, Reports, along with other Myanmar-specific insights on the payments and fintech industry:

Discover all the payments and fintech-related news and analysis about Myanmar in The Paypers News, Reports, along with other

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Myanmar central bank confirms digital currency ban

News | Cryptocurrencies | 26 May 2020

The Central Bank of Myanmar (CBM) has outlawed the use of digital currencies in the country.

cryptocurrency, Central Bank of Myanmar, digital currency, legislation

Deutsche Bank provides USD 43 mln trade finance facility for rural Myanmar

News | E-invoicing, SCF & E-procurement | 15 Sep 2020

Deutsche Bank has announced that it has provided a USD 43 million account receivable purchase facility to China National Technical Import & Export Corporation.

China Export & Credit Insurance Corporation, Deutsche Bank, trade finance, Trade Finance Facility, banking, trade financing, Myanmar, Asia, APAC

Myanmar Citizens Bank to issue MPU-JCB co-branded debit card in Myanmar

News | Cards | 01 Jul 2020

Myanmar Citizens Bank (MCB Bank) has announced it will start issuing MPU-JCB co-branded debit cards as of June 2020.

Myanmar Citizens Bank, MCB Bank, JCB International, JCBI, debit card, credit card, merchants, Myanmar

Wave Money leads digital payments for COVID-19 action in Myanmar

News | Mobile Payments | 09 Jun 2020

Government, humanitarian agencies, and corporations have teamed up with Myanmar-based mobile payments company Wave Money to help individuals  affected by the pandemic.

Myanmar, Wave Money, mobile payments, donations, COVID-19, Social Security Board under the Ministry of Labor, Immigration and Population, Myanmar Agricultural Development Bank, Myan Ku Fund, FCPN, WavePay it Forward, PCNC COVID Donation platform, National Level Central Committee on Prevention, Control and Treatment of COVID-19

Onepay reports 150,000 registered users in less than a month

News | Payments General | 28 May 2020

Onepay’s mobile platform, that supports the unbanked population in Myanmar, has reported 150,000 registered users in less than a month.

OnePay, Myanmar, AGD Bank, AYA Bank, CB Bank, KBZ Bank, Myanmar Apex Bank, United Amara Bank, Yoma Bank, payments app, cards, unbanked, Visa, MasterCard, MPU cards, e-wallet

Yoma Bank completes migration to TranzAxis

News | Payments General | 29 Jun 2022

Yoma Bank, a Myanmar-based bank, has completed the migration of its in-house processing centre to Compass Plus Technologies’ payments platform, TranzAxis.

banks, payments , product launch, debit card, credit card

Mytel, Fortumo launch direct carrier billing in Myanmar

News | Mobile Payments | 12 Aug 2020

Myanmar-based mobile operator Mytel and mobile technology company Fortumo have launched a direct carrier billing solution. 

Mytel, Fortumo, Myanmar, launch, direct carrier billing, subscribers, checkout, merchants, payment method, digital merchants, online payments