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

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 […]

MPU cards, Visa and MasterCard credit cards to be enabled under YPS

Bank account holders will be able to use their ATM cards as prepaid cards under the Yangon Payment Services (YPS) scheme, said Yangon Chief Minister U Phyo Min Thein. The Yangon Regional Government is currently in the process of awarding the contract to implement YPS to one of two companies: Anypay Payment Services or Asia […]

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

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 […]

Excel KC Myanmar to Provide Payment Services for YBS

Excel KC Myanmar Co has won a tender by the Yangon Regional Government to implement the Yangon Payment Services (YPS) cashless payment system on all Yangon Bus Service (YBS) buses this year. The company was selected over two other companies which were shortlisted by the Yangon Regional Government to provide the service. After conducting checks […]

Acer, Excel Myanmar to Bring Cashless Fares to Yangon Bus System

YANGON — Nearly a month behind schedule, an ad hoc assessment board convened by the Yangon Region government has named Excel KC Myanmar the winner of a contract to implement a cashless payment system for the city’s public bus commuters. The regional government solicited bids in late August for the card payment platform, the Yangon […]