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MPT Contributes to Financial Inclusion in Myanmar with the Launch of “MPT Money”

28 Jan 2020

(Yangon, 28th January 2020) – MPT, Myanmar’s first and leading telecommunications operator, has launched the much-anticipated “MPT Money” mobile financial service to enable greater access to financial solutions across Myanmar. MPT Money aims promote digital economy in Myanmar and contributes to financial inclusion for everyone by offering most trusted digital money services by innovative solutions and affordable pricing.

MPT Money’s user-friendly technology will make electronic financial transactions such as OTC Remittance, Wallet Services, MPT and other telecom operator mobile Top-Ups and Bill Payments will be seamless and convenient for both customers and vendors.

Now, Myanmar consumers – using any telecom operator SIM card one can avail MPT money services and register for customer account. All segments of the society can access digital money services and – can enjoy reliable and secure mobile transfers with 100% refund of remittance fees, thanks to a special promotional cash-back program. MPT money introduced double security to OTC transactions to make more secured.

MPT Money 100% remittance fee promotional cash-back program will be eligible for all outgoing remittance transactions done at agent shop. Customer need to open mobile Wallet account and cash-back amount will be simply credited to senders’ mobile wallets. MPT money offers convenient services through its agent network of more than 25 K agents located in the 275 townships nationwide. It aims to double the agent network in coming months.

“Mobile money solutions represent a significant innovation to improve the provision of financial services and develop a cashless society. Our goal is to make digital money transfer services more accessible to every one and everywhere, with a specific focus on secure and reliable mobile transactions. By connecting our customers to mobile wallets, we aim to drive better financial inclusion that will improve the economic and social well-being of millions of Myanmar citizens. In the nearest future – thanks to MPT Money – we will be able to avoid queuing to pay bills or to receive pensions,” said U Khin Maung Myint, Managing Director of MPT Money Co., LTD.

Currently, MPT Money customers can experience convenient money transfers, fast mobile phone top-ups, or seamless electronic payments for taxis and merchants in Yangon. MPT Money can be downloaded from Google Store or Apple Appstore.

For Android phone users, MPT Money Mobile Application can be downloaded from Google® Play Store at http://bit.ly/2SvVZ5x and for iOS users can download the application from Apple® App Store at https://apple.co/2IFITD6.

For more information on MPT Money, please call 990, or visit the MPT Money official Facebook page at @MPTMoneyOfficial https://web.facebook.com/MPTMoneyOfficial/