Digital Payment

KBZ Bank Partners with Tranglo to Facilitate Inbound Foreign Remittance Directly into Customers’ Bank Accounts

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KBZ Bank, Myanmar’s largest private bank, and Tranglo, one of Asia’s leading cross-border payment hubs, have formed a remittance partnership to facilitate inbound foreign money transfers directly into the accounts of KBZ Bank customers. Approved by the Central Bank of Myanmar, this service allows Myanmar workers in countries such as Malaysia, Singapore, and South Korea … Read more

MPT Postpaid and FTTH Customers Can Make Convenient Bill Payments through MPT Money

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MPT Money, a digital money service, has launched a new, secure bill payment option for all MPT Postpaid and FTTH customers, ensuring the safety and convenience of the customers, especially during the current stay-home measures implemented to stop the spread of COVID-19. All MPT Postpaid (PSTN, GSM, CDMA, ADSL, IP Star) and FTTH customers who … Read more

Top Honors Awarded to KBZ Bank and KBZPay at the Asian Banking & Finance Awards 2020

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KBZ Bank, Myanmar’s largest privately-owned bank, alongside its mobile payments platform KBZPay, has been recognized for excellence within the banking and mobile payments industry at the 15th Asian Banking and Finance (ABF) Retail Banking Awards and the 9th ABF Wholesale Banking Awards announced on 16 July 2020. To honor its dedication to driving financial inclusion … Read more

Cybersecurity and Digital Hygiene in the Age of the Mobile Wallet

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Across Myanmar, people from all walks of life are now using phones to manage their finances, buy goods in shops, and pay bills and transfer money to loved ones. Before the introduction of mobile money, such basic tasks were prohibitively time-consuming. Coupled with Myanmar’s limited banking infrastructure, this left many millions outside the reach of … Read more

KBZPay Adds MPU Cash-In Feature to Enable MPU Cardholders to Instantly Transfer Funds into their Mobile Wallet

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All holders of Myanmar Payment Union (MPU) debit cards that are registered to be used for e-commerce can now perform instant cash-in transactions to their KBZPay mobile wallet. The MPU Cash-In feature is available on the recently launched KBZPay 3.0 app upgrade and allows non-KBZ Bank customers to transfer funds to their KBZPay mobile wallets … Read more