TollPass on the Yangon-Mandalay Expressway: Three Weeks In, the Cash-Only Start Is Still the Story

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 Reportedly Orders Banks to Block K-Pay, Wave Money and Other Payment Apps From Working Overseas

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 and Merchantrade Launch a Malaysia-to-Myanmar Remittance Corridor

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 is reported to be more widely used by connecting with the Flexi Everyday account of Yoma Bank

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