Tag Archives: Myanmar

AYA Bank, MPU, JCB Introduce First Corporate Credit Card in Myanmar

By | November 14, 2017

Yangon and Tokyo, Nov 14, 2017 – (ACN Newswire) – Ayeyarwady Bank (AYA Bank), a major commercial bank in the Republic of the Union of Myanmar, Myanmar Payment Union (MPU), and JCB International Co. Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., today announced that AYA Bank has launched the AYA Universal Corporate MPU-JCB Co-Branded Card in Myanmar. This is… Read More »

CB Bank launches contactless system with Visa, Master

By | September 25, 2017

INTERNATIONAL payment service providers Visa and Master have launched a contactless payment system in collaboration with CB Bank. It aims to substitute the current cash payment system in Myanmar, U Zayar Aung, head of cards at CB Bank told The Myanmar Times. The service will allow users to make payments by just touching their debit cards and credit cards… Read More »

UNITED Amara Bank (UAB), one of the largest financial institutions in Myanmar, will issue more than 15,000 Visa credit cards by the end of this year, says Christopher Loh, the bank’s chief executive officer and special adviser to the chairman.

By | September 14, 2017

Loh announced on Tuesday the launch of UAB’s first suite of credit cards with Visa in the country. He said three types of Visa cards would be offered; Classic, Gold and Platinum, depending on an applicant’s monthly income.  Those aged 21 and older can register for the Classic card if they earn at least 300,000 kyats (Bt7,360) a… Read More »