Myanmar’s central bank has instructed local banks and mobile payment operators to introduce technical restrictions that would prevent apps such as K-Pay, Wave Money, AYA Pay and CB Pay from being accessed outside the country, according to a report published by MoeMaKa on August 28, 2026. The restrictions are reported to have been set to … Read more
Wave Money has partnered with Malaysian remittance operator Merchantrade to open a new international money transfer corridor from Malaysia to Myanmar, according to a press release published on Wave Money’s official site on July 1, 2026. Money sent through the service can be deposited directly into a recipient’s Wave Wallet or picked up in cash … Read more
Wave Money has teamed up with Yoma Bank, one of Myanmar’s largest commercial banks, and launched a new service. The new service is that Wave Money customers can now enjoy a wide array of mobile financial services by connecting their WavePay wallet with Yoma Bank Flexi Everyday Account. With some simple steps on the WavePay … Read more
Wave Money has announced that it will investigate any incidents of overcharging. Wave Money reported that it has been providing services since February in the face of many challenges and there have been a number of obstacles to our operations and difficulties in providing services to millions of customers due to the lack of normal … Read more
From now on, WavePay App can be accessed by turning on mobile data of such local SIM operators as Mytel, Ooredoo, MPT and Telenor. It must be turned off VPN when customers use WavePay App and it can deposit and transfer money only if mobile data is just opened. According to the interim instruction of … Read more