The Financial Action Task Force (FATF) kept Myanmar on its list of high-risk jurisdictions subject to a “call for action” when it issued its statement on 30 October 2026 at the plenary in Paris. According to the US Treasury’s FinCEN release of 30 October 2026, the FATF “also updated its public statement on Burma and … Read more
Parking fees will be introduced in downtown Yangon from 1 November 2026, according to the Yangon Region Government, as reported by Eleven Media on 30 October 2026. The report gives a price, hours, an area and a structure. It does not mention any app, mobile payment option or other way for drivers to pay. For … Read more
On 17 September 2026, a new prepaid RFID toll system called TollPass began selling and installing stickers on the Yangon-Mandalay Expressway, replacing the older Ez Go electronic toll system. Eleven Media Group, citing the Expressway Maintenance, Repair and Supervision Team, reported the plan on 17 September, and One News Myanmar, citing the Ministry of Construction, … Read more
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