MPT cleared to launch mobile finance offering in Myanmar

Myanmar’s state-run operator MPT has been granted a mobile financial services licence by the country’s central bank after a lengthy approval process.

The market leading operator first announced its planned MPT Money service in March 2018, and has been awaiting the green light ever since. The service is aimed at accelerating Myanmar’s digital economy by fostering greater financial inclusion.

MPT’s managing director U Khin Maung Tun said that the service would be launching very soon, providing secure and quick access to banking services supported by a nationwide network of financial agents.

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