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CBM to approve QR code payment transactions soon

Digital payments using QR codes will be introduced to Myanmar as soon as the framework for such payments are ready. Shanghai-based financial services company UnionPay International’s (UPI) QR code system accessible through mobile phones would be made available when the Central Bank of Myanmar (CBM) makes the official announcement. UPI operates as a subsidiary of […]

2C2P and MPU launch Myanmar’s first e-commerce payments platform

2C2P, a leading Southeast Asian payment services company, and Myanmar Payment Union (MPU), the national payment network of the Republic of the Union of Myanmar, have developed and implemented Myanmar’s first electronic commerce payments platform. MPU card holders can now – for the first time – search, select and directly pay for online purchases. There […]