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

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 […]

Yangon set to launch card payment system for public transport

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 […]

Myanmar Payment Union Plans to Form Public Company

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 […]