Press Release

Press Release

Wave Money Announces Appointment of New Chief Technology Officer

September 28, 2020

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.

Live Life Your Way with WavePay

August 27, 2020

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.”

Wave Money leads digital payments for COVID-19 action in Myanmar

June 12, 2020

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.

Wave Money and Ant Financial Services Group forms strategic partnership to promote financial inclusion for the unbanked in Myanmar

May 18, 2020

Yangon, Hangzhou, 18 May, 2020 – Digital Money Myanmar Limited (“Wave Money”) and Ant Financial Services Group (“Ant Group”), operator of Alipay, today announced a strategic partnership to promote financial inclusion for the unbanked and underbanked communities in Myanmar. Ant Group’s expertise in mobile payment and digital financial services will help boost Wave Money’s technological capabilities to provide greater convenience and security in mobile financial services across Myanmar.

Wave Money Launches Seamless Payment Gateway with 2C2P

February 18, 2020

Wave Money, the leading mobile financial service (MFS) in Myanmar today announced its partnership with global payments platform 2C2P to deliver seamless and convenient online payment services for WavePay users nationwide. The two parties signed the Memorandum of Understanding (MoU) at the Sule Shangri-La Hotel in Yangon.

Wave Money Cements Mobile Money Leadership with Stellar 2019 Results

January 8, 2020

Wave Money, the leading mobile financial service (MFS) provider in Myanmar, ended 2019 on a high note with an annual remittance value 6.4 Trillion MMK. The amount is three times higher than the 2 Trillion MMK transacted in 2018.

Wave Money Ties Up with FlyMya for Easy and Convenient Travel-related Payments

December 5, 2019

The leading mobile financial service company in Myanmar, Wave Money has tied up with FlyMya.com, a leading platform for booking domestic airline tickets, tour packages and hotel rooms, to enable easy and secure travel payments. The Memorandum of Understanding signing ceremony between the two parties was held on 28 November 2019 at the Sule Shangri-La hotel in Yangon.

Wave Money seeking to assist education on digital payment interoperability with a global expert

October 31, 2019

Wave Money, the leading mobile financial services company in Myanmar, is at the forefront of market education on digital payment interoperability as a critical driver of financial inclusion. Wave Money presents insights from a paper entitled “Digital Financial Services Interoperability: An Overview of the Journey Ahead” authored by global payments and mobile money expert Charles Niehaus.