Card Payment System

Yangon government yet to name start date of new bus payment despite tender winner selected

June 22, 2018 by Thiha

The service provider for the card payment system of Yangon’s buses has been selected. The regional government originally aimed to start the new service by February. But, four months after the target start date, the authorities have not named a date for the implementation of the cashless payment services. The Yangon regional government has chosen […]

Filed Under: Latest News Tagged With: AnyPay Payment Services Co, Asia Starmar Transport Intelligent Co (Asia Starmar), Card Payment System, Cashless Payment System, Excel KC Myanmar, Tender Winner, Yangon Bus Service (YBS), Yangon Payment Services (YPS), Yangon Region Transport Authority (YRTA), Yangon Regional Government

Up to 70 per cent of vehicles used in Yangon are personal vehicles: Yangon Chief

May 16, 2018 by thiha

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 […]

Filed Under: Latest News Tagged With: Card Payment System, Yangon, Yangon Bus Services (YBS), Yangon Region Chief Minister Phyo Min Thein, Yangon Region Transport Authority (YRTA)

Excel KC Myanmar disqualified from implementing Yangon Payment System for Yangon public transport system

April 24, 2018 by thiha

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 […]

Filed Under: Tenders & Awards Tagged With: Acer Company, AnyPay Payment Services Co, Asia Stamar Transport Intelligent Co, Card Payment System, disqualified, Excel KC Myanmar, Yangon Bus Service, Yangon Payment Service-YPS, Yangon Regional Govenment

YBS, YRTA and a new initiative to be accepted by the people

August 16, 2017 by Thiha

With the number of Yangon city-dwellers increasing by leaps and bounds, transportation became a problem for Yangon city commuters. It has been a big problem for many years. Due to poor management of the authorities concerned, the bus lines in Yangon had been a nuisance for commuters in the city. They had to always travel […]

Filed Under: Latest News Tagged With: bus fare, bus lines, bus owners, bus-fare payment system, car drivers, Card Payment System, currency notes, Dr Maung Aung, evil legacy, health point of view, leaps and bounds, Passengers, poor management, Private Companies, rude bus-conductors, Rules, Secretary of the Yangon Region Transport Authority, Tender Proposals, tenders, Yangon Bus Service, Yangon city commuters, Yangon city-dwellers, Yangon Region Cabinet, Yangon Region Transport Authority, YBS, YRTA

Yangon set to launch card payment system for public transport

February 20, 2017 by Thiha

For the convenience of nearly 3 million commuters who use public transport on a daily basis, an international payment system will be launched in Myanmar’s commercial hub in the last week of April, Yangon Region Chief Minister Phyo Min Thein said on Friday. “We will launch YPS [Yangon Payment System] by April. We will make […]

Filed Under: Latest News Tagged With: Bus, bus owner, Card Payment System, CCTV, Driver, GPS, Hlaing River, international partner, Japan International Cooperation Agency, Nga Moe Yeik River, passenger, public transport, Train, Yangon, Yangon Region Chief Minister Phyo Min Thein, Yangon Region Transport Authority, YPS

Myanmar Payment Union Plans to Form Public Company

January 29, 2014 by thiha

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 […]