Chate Sat and KBZPay have signed Memorandum of Understanding (MOU) regarding the KBZPay Integration

Chate Sat—freelancing platform— and KBZPay have signed the Memorandum of Understanding (MOU) for cooperation regarding the KBZPay Integration.

The purpose of the MOU is to make the technological support of KBZPay become more readily available to the businesses in Myanmar so that the use of digital currency is more prevalent in digital transactions and to help the freelancers to get more job opportunities.

This cooperation will become active from 14th October 2020 and KBZPay will provide training, concerning the KBZPay Integration, to the freelance developers who are registered at Chate Sat. Moreover, the certificate of ‘KBZPAy Integration Certified Developer’ will be awarded to those who have completed the training and have passed the proficiency demonstration and assessment. Photo Source https://www.facebook.com/KBZPay

Those who have acquired the certificate will be assigned with a prominent mark on the Freelancing Platform website and the certificate can also be posted on their profiles so that employers can easily find when they search for freelance employees. Daw Honey Mya Win, the chief executive officer of Chate Sat said,” We, Chate Sat, believe that we will be able to help more in the digital transformation of small and medium-sized enterprises by joining hands with one of the leading mobile wallets in Myanmar like KBZPay. We will provide the freelance developers with information about the KBZPay and Payment Integration technologies through this cooperation since online payment is more prevalent among employers in the current situation of a worldwide pandemic.

U Zayar Wai Phyo, head of Product and Service Development of KBZPay, also added,” As e-commerce has become more developed in Myanmar, it can be easily noticed that the importance of mobile wallets, which are safe and accessible via mobile phones, like KBZPay has risen dramatically. It can be said that it is essential in this period of a global pandemic. This cooperation is done to connect the businesses with trustworthy developers who can write KBZPay payments that are necessary for the businesses. It is an honor for KBZPay to be able to share the technologies, required for the KBZPay payment platform, with developers by cooperating with Chate Sat.”

Chate Sat is the company that has established the first and largest network of freelancers in Myanmar in 2016. Currently, it has been connecting over 5000 employers with over 30,000 freelancers. Chate Sat is helping to accomplish jobs in website content writing, website designing, digital marketing, financial accounting, translation, and other various types of jobs with freelancers without the need to hire permanent employees. Photo Source https://www.facebook.com/KBZPay

KBZPay is the mobile wallet which is connecting the public with a digital economy that has once been out of reach of the majority. In accordance with the vision of Kanbawza Bank to provide the financial services, available for all, for supporting the developmental goals and requirement of Myanmar, KBZPay was introduced in 2018 and allowed the users, outside the bank’s branches, to access the financial services on the palm.

Millions of users have now used the new experience of bank service with KBZPay to conveniently carry out the financial management, payments for purchases and services, receiving payments, transferring money to dear ones, and daily financial works that need to be done with time and energy in the past. KBZPay is using the best and safest technology and now standing as the top mobile wallet of Myanmar due to the enthusiastic cooperation of over 18,000 employees. KBZ pay is connecting users from all over Myanmar with thousands of KBZPay partner shop owners and agents daily.

You can see more details in the following link:

https://www.facebook.com/KBZPay