Search results
Results From The WOW.Com Content Network
Myanmar Payment Union (MPU) is a Myanmar financial services corporation headquartered in Yangon, Myanmar.It provides bank card services and a major card scheme in Myanmar.MPU was founded on 15 September 2011 with total of 16 [1] members from both state and privately owned banks, and expanded to 23 members as of 19 Jan 2017.
MAB offers a variety of financial services, such as consumer deposit offerings, ATM, POS acceptance network using Myanmar Payment Union (MPU), VISA and MasterCard cards, commercial financing for small and medium businesses with loans, overdraft and hire purchases options, cross-border trade, as well as providing businesses with foreign trade finance, gift cheques, payment orders, remittance ...
UnionPay cards can be used in 181 countries and regions around the world. [2] In 2015, the UnionPay overtook Visa and Mastercard in total value of payments made by customers and became the largest card payment processing organization (debit and credit cards combined) in the world surpassing the two. However, only 0.5% of this payment volume was ...
For premium support please call: 800-290-4726 more ways to reach us
In May 2013, CB Bank became the first bank in Myanmar to issue a debit card [6] and permitted the first card-related financial transaction in Myanmar. [7] In September 2012, Mastercard signed an agreement with CB Bank to license cards in the country and this enabled local merchants and ATMs to accept the payment cards.
This page was last edited on 7 February 2020, at 03:11 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
The Union Bank of Burma was opened at the corner of Merchant Road and Sule Pagoda Road and had the sole right to issue currency for the country. In 2013, the Central Bank of Myanmar became an autonomous and independent regulatory body by the Central Bank of Myanmar Law, which was enacted by the Myanmar parliament .
In September 1998, labour activists re-formed a national trade union movement in Rangoon (present-day Yangon). [2] In 1991, the coalition of affiliated unions formed the Federation of Trade Unions of Burma (FTUB) as an underground labour movement. [2] Until the Myanmar political reforms that began in 2011, the FTUB operated as a clandestine ...