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 […]

Red Dot now in 3000 spots

Local payment services firm Red Dot has built up a network of more than 3000 retailers in Mandalay, Nay Pyi Taw and Yangon, chief marketing officer Andy Whelan said at a press conference yesterday. A customer waits at a shop in the Red Dot network. Photo: Naing Wynn Htoon / The Myanmar TimesA customer waits […]

Red Dot E-Top up hits Orange Supermarket Chain

Orange Supermarket launched electronic top-up services for customers in Yangon last week. The new system allows users to quit scratching away at top-up cards, according to U Pyae Phyo Latt, Orange Supermarket merchandising director. Electronic top-up cards, now at Orange Supermarket. Photo: Aung Kyaw NyuntElectronic top-up cards, now at Orange Supermarket. Photo: Aung Kyaw Nyunt […]

Red Dot Payment raises series A round to bring payment solution to Myanmar

With ecommerce on the rise in Asia, it is only natural that payment solutions will soon follow suit in order to keep up. It therefore comes as no surprise that Red Dot Payment, a Singapore-based online payment processing company with a focus on Southeast Asia, has announced that they have secured series A funding “in […]