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Mobile operators join war on cash

WHILE Myanmar is still a cash-dominated society, the nation’s three telecommunications operators are trying to change that as they vie for the lead in the country’s nascent mobile financial market. Vikram Sinha, acting CEO of Ooredoo Myanmar, announced on Thursday the launch of M-Pitesan, a product that allows mobile users to enjoy instant money transfers […]

MPT to Enter Nascent Mobile Money Sector ‘This Year’

​​ State-backed telco Myanma Post and Telecommunica­tions (MPT), plans to launch its own mobile money services this year which would put it in di­rect competition with Tel­enor’s Wave Money, and Ooredoo, who are soon to unveil their own mo­bile money service, in the country’s fledgling mobile financial services sector, the head of MPT Mobile Money […]