CB Bank, Telenor launch new Visa card

New Visa card launched by CB Bank and Telenor

Global payments firm Visa has reached an agreement with Telenor Myanmar and CB Bank to provide a Visa Card to CB Bank customers. According to a report in the Myanmar Times, the move came after the Central Bank of Myanmar raised annual credit card int
CBM permits border trades in yen and yuan denominations

CBM permits border trades in yen and yuan denominations

The Central Bank of Myanmar (CBM) officially introduced Japanese yen and Chinese yuan as settlement options for banks in cross border payments and transfers.

Malaysian payment firm eyes Myanmar market

Malaysian cashless payment company Revenue Group Bhd is preparing to move into the Myanmar market, according to reports in the country. An article in The Star said that the company is awaiting approval from the necessary authorities before it enters