Myanmar’s Yangon Bus Service (YBS) will implement a card payment system to replace the present cash box system to facilitate passengers in taking buses by the end of this year. According to the Yangon Region Transport Authority Monday, more than 1,500 buses will get the e-ticketing machines in the initial stage. The Asia Starmar Transport […]
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 […]
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