Ooredoo’s M-Pitesan launches in next development in popular mobile money industry

  by Ben Roache M-Pitesan, Ooredoo’s entry into the increasingly competitive online mobile money industry, has launched this week. Allowing users to send money to friends and family, as well as purchasing airtime, Ooredoo hopes to change the lives of the people of Myanmar with their new innovative wallet solution. M-Pitesan’s Mobile money app works […]

Central Bank of Myanmar delivers green light for mobile wallet OK Dollar

by Ben Roache OK$, a mobile payment service that has recently been heavily advertised throughout Yangon, has been granted a Mobile Financial Services (MFS) licence by the Central Bank of Myanmar. This overcomes a major hurdle between OK$ and next generation retail payment, remittance and funds transfer services in the country. Fig 1 – Screenshot […]

How does one get off the US Sanction List?

Based on the discussion that I had with a US Embassy official in Yangon on their recent activity in inviting Myanmar people (eg Tay Za of Htoo & Company and Steven Law of Asia World) on the OFAC SDN List for a discussion on what they can do to remove themselves from the SDN List […]

Myanmar’s remittances: Too many chits for kyat

No one has bothered to count how many people live in Myanmar since 1983 (when it was still Burma). No surprise then that no one has any clear idea how many people left the country during its 50 years under military rule. The men in green certainly did a savage job of mismanaging the economy […]