MPU Payment System is now available to use in Su See Yar Crowdfunding Platform

2020-10-12 AdminDigital Payment

Su See Yar Crowdfunding Platform is an online platform that aims to meet the investors and entrepreneurs in the same place as well as to raise the capital of SME Businesses in Myanmar. As Crowdfunding is increasing internationally, Su See Yar has already been launched in Myanmar.

The economy of the country can be beneficial as the Crowdfunding Website can support not only for society but for the economy of the country. And Crowdfunding can also raise and collect funds to make young people’s dreams come true.

Photo source https://suseeyar.net/

Those who can support Startup Business can donate money under the category of education, rescues, relief, and religion in the Su See Yar Crowdfunding Platform through Online easily. In that case, the Su See Yar Crowdfunding Platform can help those who want to invest and those who need capital to complete a project to be more efficient and cost-effective.

The users need to register in Su See Yar platform with their own Email or Facebook Account and choose the type of project you want to invest in. And the investors will also get the rewards given by the Project Creators after the Project Fund Goal is completed.

Photo source https://suseeyar.net/

As this is an Online Platform, the financial investment and supports can make through online for the whole process. For the payment, the Su See Yar platform used only Visa/Master cards, but now MPU cards can also be used to provide financial investment assistance.

MPU is a 28 members Bank affiliated organization with the approval of the Central Bank of Myanmar to facilitate public payment service, to reduce the use of cash, and to improve the current monetary system in Myanmar. MPU Cards can be easily withdrawn at ATMs, paid at POS enabled restaurants, supermarkets, and at the Hotels. MPU cardholders can use MPU cards to make a secure payment on the MPU Merchant Online website with MPU Logo. Currently, the MPU Card can be easily used on the Su See Yar Platform which makes it even more convenient for the users.

You need to apply for e-commerce on the MPU Card used to deposit money on the Su See Yar Platform. E-commerce can be applied at 12 banks, Asia Green Development Bank (AGD), Myawaddy Bank (MWD), Ayawady Bank (AYA), Co-operative Bank (CB), United Amara Bank (UAB), Kanbawza Bank (KBZ), Myanmar Economic Bank (MEB), Myanmar Oriental Bank (MOB), Small and Medium Industrial Development Bank (SMIDB), Myanmar Citizens Bank (MCB), Yoma Bank (YOMA), and Myanmar Foreign Trade Bank (MFTB).

Photo source https://suseeyar.net/

Those who want to apply E-commerce can go to the bank they want to apply in person or from the MPU Official Website with their own email. With the launch of E-commerce, financial investments at Su See Yar Platform will be able to make conveniently as well as low-cost purchases and payments online.

The following are the steps to follow for those who want to use MPU Card on the Su See Yar Platform.