Articles with tag: myanmar

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

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

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

Mytel, Fortumo launch direct carrier billing in Myanmar

12 Aug 2020 | Mobile Payments

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

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

01 Jul 2020 | Cards

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

09 Jun 2020 | Mobile Payments

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

28 May 2020 | Payments General

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

Myanmar central bank confirms digital currency ban

26 May 2020 | Cryptocurrencies

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

cryptocurrency, Central Bank of Myanmar, digital currency, legislation

CBM to approve QR code payment transactions in Myanmar

13 Jun 2019 | Payments General

The Central Bank of Myanmar (CBM) is expected to approve UnionPay International’s QR code system through mobile phones in the following months of 2019, according to Myanmar Times.

CBM, QR code payments, Myanmar, MMQR, mobile payments

Nets, Myanmars national payment network to co-develop QR code system

02 May 2019 | Payments General

Nets has announced it will share its knowledge on Singapore’s unified digital payment system for QR codes with Myanmar’s national payment network.

Nets, Myanmar, national payment network, QR code, Singapore, digital payment, SGQR

Krungthai Bank, Shwe Bank and Everex to launch Thai-Myanmar remittances

01 Apr 2019 | Cryptocurrencies

Krungthai Bank, Shwe Rural & Urban Development Bank and Everex have signed a Letter of Intent to launch cross-border blockchain-powered money transfer services between Thailand and Myanmar.

blockchain, cross border payments, remittances, Krungthai Bank, Shwe Bank, Everex, Thailand, Myanmar