Up to 70 per cent of vehicles running in Yangon are owned by individuals and is the largest contributor to traffic jams, said Yangon region chief minister Phyo Min Thein. “Only 30 percent of vehicles running in Yangon are used for public transportation. Upgrading the public transport system will reduce individual use of car in […]
Excel KC Myanmar disqualified from implementing Yangon Payment System for Yangon public transport system
April 24, 2018 by
Excel KC Myanmar will no longer be eligible to build and implement a card payments system covering public transportation, the Yangon Regional Government said on April 21. After discussing terms of the contract, the government said Excel KC Myanmar did not have the necessary qualifications to implement the Yangon Payment Services (YPS) system and that […]
Myanmar Payment Union Plans to Form Public Company
January 29, 2014 by
YANGON — Myanmar’s only card payment system, the Myanmar Payment Union (MPU), plans to become a public company before the end of this year, MPU general secretary Ye Min Oo said on Tuesday. Founded in 2011, MPU’s members include 18 local banks, three of which are state-owned. MPU set up the first ATM card payment […]
