According to Visa, about 72% of visa users want to switch to Contactless Card Payment

Visa, the world’s leader in digital payments, revealed that nearly three in four (72 percent) of Myanmar consumers have expressed a clear interest in adopting contactless card payments. The findings are based on the Visa Consumer Payment Attitudes Study which tracks payment habits and attitudes as well as explores emerging topics related to payments. The … Read more

Proximity Finance further Invests 14 million dollars to help small-scale farmers

It is reported that Proximity Finance, which is the first farmer-centered financial institution in Myanmar, has signed a US$ 14 million collaboration agreement for equal profits with Finnfund, Nordic Microfinance Initiative (NMI) and Proparco. Proximity Finance was established in 2010 as a microfinance business by Proximity Designs, one of the largest agricultural service platforms in … Read more

M-pitesan supports the users through Special Customer Service Hotline number

M-pitesan offers a convenient digital money service for all users of any network across Myanmar. M-pitesan is now providing a special customer service hotline number to help the users with their needs. Ooredoo users can directly contact Hotline number “909” and other operator users can contact the hotline number “09 970000999” to the M-pitesan customer … Read more

MPT Money Announces Partnership With Hi-So and Zay Chin Mart For Online Delivery Orders Through Its Mobile Wallet Payments

MPT Money has announced its partnership with two of Myanmar’s leading online merchants, Hi-So and Zay Chin Mart, to offer fast and secure digital payments through its e-Wallet service while ordering groceries, foods and household goods from the convenience of their own homes. Due to the COVID-19 situation, online shopping and delivery orders are becoming … Read more

KBZPay Launches Shopper Loan; Myanmar’s First Digital Loan Service that Builds a Credit Score for Customers

KBZPay, the leading mobile wallet in Myanmar, has launched the KBZPay Shopper Loan to deploy an automated decision engine that uses machine learning techniques to determine the creditworthiness of customers. The KBZPay Shopper Loan offers KBZPay customers who are salaried employees a fast and convenient way to obtain loans of up to MMK 5 million … Read more