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Blockchain-based fintech company Everex signs deal with Krungthai Bank, SHWE Bank

Everex, blockchain-powered digital remittance platform, announced that it has signed an agreement with Thailand-based Krungthai Bank and SHWE Bank from Myanmar. The deal will see the three entities jointly introduce a cross-border, blockchain-powered money transfer services between Thailand and Myanmar. The new service is called “Krungthai Bank and SHWE Bank Remittance powered by Everex”. This […]

MoneyGram and MCB announce money transfer services

MoneyGram and Myanmar Citizens Bank (MCB), have announced an agreement to provide money transfer send services at every MCB bank location in Myanmar. According to a statement, consumers can send money from 42 branches to any MoneyGram location in more than 200 countries and territories worldwide. In celebration of the new agreement, MoneyGram is offering […]

Interbank cash transfers available with single ATM card next year

Money transfer services will be available through a single ATM card from next year onwards, U Mya Than, non-executive director and former chair of Myanmar Payment Union (MPU), told The Myanmar Times. With a single ATM card issued by any of the 23 local banks under the MPU network, users will be able to perform […]