Mobile wallets boom as pandemic burns on

The second wave of COVID-19 shows no signs of slowing, and continues to deal blow after blow to the economy. This week, KBZ Bank announced that it would temporarily close 51 of its Yangon branches, leaving only 92 open as the city remains under tight

KBZ app sees USD 1.8 million in transfers

KBZPay, the new digital payment platform from Kanbawza Bank (KBZ), is off to a strong start with over USD 1.8 million in transfers, the company said. The app-based service, which launched in October 2018, allows people to hold funds and make instant