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

Tuesday 9 June 2020 14:04 CET | News

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

According to the press release, for the duration of the COVID-19 crisis, Wave Money has committed to waiving all service fees for the disbursement of funds to at-risk and affected sectors. Moreover, the Social Security Board under the Ministry of Labor, Immigration and Population, the Myanmar Agricultural Development Bank (MADB), the Myan Ku Fund project of the EU, and MultiVerse Advertising and Free Cash Program For The Needy (FCPN) project, are among those leveraging Wave Money's platform free-of-charge.

Through the WavePay application, donations are currently being mobilised and disbursed safely to beneficiaries, minimising the need for physical contact. Besides, as part of Wave Money's community kindness initiative ‘WavePay it Forward’, Wave Money is raising funds through the WavePay app's PCNC COVID Donation platform for the National Level Central Committee on Prevention, Control and Treatment of COVID-19. 

The fund raising is running for two months, with all proceeds going into efforts to prevent and contain COVID-19, monitor quarantined patients and suspected cases, provide educational awareness, disseminate news, and supervise the importation of medical equipment.


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Keywords: 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
Categories: Payments & Commerce | Mobile Payments
Countries: Myanmar
This article is part of category

Payments & Commerce