皇冠体育app

YANGON - 皇冠体育app UnionPay International (UPI), in cooperation with Myanmar's Cooperative Bank (CB), will introduce EASi Travel UnionPay card for the first time in Myanmar starting on Sep 1 to facilitate Myanmar citizens in domestic and international payment, a bank official said here Friday.

The EASi TRAVEL UnionPay Card issued in Myanmar is deposited with Myanmar Kyats and can be used in and outside 皇冠体育app, U Kyaw Lynn, executive vice chairman and CEO of the CB, told a press briefing.

Accepted by over 140 countries and regions, the 皇冠体育app UPI card is being issued in more than 30 countries including Myanmar.

In December 2012, 皇冠体育app UPI and the CB signed an ament to open ATM business in Myanmar. In May 2013, the UPI also signed agreement with Myanmar Payment Union (MPU) for payment at ATM and points-of-sale (POS) of its member banks.

At present, there has been 800 ATMs and 3,000 POS across Myanmar.

Myanmar introduced ter Card as the first international electronic payment card in November 2012, followed by Visa card in December in the same year.

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