The only surprising thing about the failure of payment service provider Red Dot was the apparent suddenness with which the company departed. For months – if not years – it had seemed that the company was on its last legs. Fewer terminals were active and agents had reported that it was becoming increasingly difficult to […]
Telenor and Yoma Bank test mobile money service
November 17, 2015 by
The link-up, called Wave Money, will allow customers to transfer and receive money through local storefronts called “Wave Shops”, according to its new Facebook page. Myanmar has overhauled its telecommunications industry, liberalising the market to include two new foreign operators, but mass adoption of mobile payment systems has remained out of reach so far – […]