The WavePay integration on Shop's platform highlights the ease and dynamism of e-commerce as Shop makes it more convenient and secure to transact online. This partnership will increase WavePay's secure digital wallet's utility and prominence by bringing access to Shop's array of +1 million products and +6000 sellers to WavePay's +1.1 million monthly active users.
29 October 2020, Yangon, Myanmar – Wave Money has set a new record as WavePay application crossed 1.1 million monthly active users in October. With a remittance value reaching 8 Trillion Myanmar Kyat (US$ 5.9 billion) from January to September 2020, Myanmar’s leading mobile financial services provider posted an impressive daily average growth of 162% in new WavePay registrations by comparison to January 2020.
The world is driven by finance, which is why we believe that having access to safe money transfer channels should be a public right. From the day we launched, Wave Money’s vision has always been to “Create a Fairer Future for Myanmar” through greater financial inclusion. Along with this, we aim to empower people with the freedom to manage their money in the way they most prefer. We’ve always believed in the importance of reaching out to the unbanked, many of which live in the rural areas.
Myanmar has seen an unexpected surge in digital adoption as the country leapfrogs into a world of e-commerce and payment technologies. Digital payments and mobile money services now play a pivotal role in driving financial inclusion, especially among the unbanked population. With this rapid deployment of digital technology comes a range of cybersecurity threats which users need to protect themselves from. This is why it is important to create awareness through digital literacy.
12 October 2020, Yangon, Myanmar – Cybersecurity experts are joining hands to support and protect Myanmar citizens against cybersecurity risks and threats, particularly in light of the COVID-19 pandemic. Speaking at a virtual media briefing to announce the 2020 Myanmar Cybersecurity Month (MCM), U Ye Naing Moe, Director of the Information Technology and Cyber Security Department of the Ministry of Transport and Communications (MOTC-ITCSD), highlighted the importance of being cyber aware and cyber smart as millions of Myanmar citizens leverage technology for social connection, information, entertainment and e-commerce.
Yangon, 29 September 2020 – Wave Money, the leading provider of mobile financial services in Myanmar, announces the appointment of Htin Hlaing as Chief Technology Officer (CTO). Htin Hlaing joins the company on 29 September 2020 and will be based at the Wave Money head office in Yangon.
27 August 2020, Yangon – Enter a world of lifestyle possibilities with WavePay, Myanmar’s trusted mobile wallet application. Powered by the country’s leading mobile financial services provider Wave Money, WavePay unveils an exciting array of in-app services under its new tagline “Live Life Your Way.”
Yangon, Myanmar – 8th June 2020 – Government, humanitarian agencies and corporates have teamed up with Wave Money, the leading mobile financial services provider in Myanmar, to digitally deliver aid to individuals and communities hard-hit by the COVID-19 pandemic.