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Cash remains the primary payment method in many parts of Southeast Asia. In Myanmar, competition to provide cash services is intense. Vikram Kumar, country manager for Myanmar at the International Finance Corporation, the private arm of the World Bank Group,…
Leading Myanmar retail bank rolling out cardless cash withdrawal and P2P payment services with advanced technology from Diebold Nixdorf. Co-Operative Bank Limited (CB Bank) in Myanmar has awarded Diebold Nixdorf an extensive contract for systems, software and…
As Myanmar continues to see positive economic growth projections[1], its people are increasingly seeking overseas destinations. The latest Mastercard research revealed that Myanmar is the fastest growing outbound travel market in Asia Pacific with a growth…
MasterCard Myanmar and CB Bank have announced their first payment product, a prepaid travel card. The CB Bank Easi Travel Prepaid MasterCard is reloadable and is designed for Myanmar residents travelling outside of the country. It is the first such card…
MasterCard and CB Bank have announced their first payment product in the country – a prepaid travel card for locals called the CB Bank EASI Travel Prepaid MasterCard card. The reloadable prepaid card will be made available to Myanmar residents for when they…
