Wave Money and Merchantrade Partner to Launch Remittance Services from Malaysia to Myanmar
Wave Money, one of Myanmar’s leading mobile financial service providers, and Merchantrade, a leading international remittance service provider, have announced a strategic partnership to introduce international remittance services for people in Myanmar.
Through this collaboration, money sent via Merchantrade from Malaysia and other countries can now be directly received into Wave Wallet accounts. Recipients can also conveniently withdraw cash at Wave Agent shops nationwide across Myanmar.
Starting from May 13, 2026, people across Myanmar will be able to receive remittances from Malaysia through Merchantrade services in a faster, safer, and more convenient way. This service is especially designed to provide greater convenience for families of Myanmar migrant workers living abroad.
Special Launch Promotion
To celebrate the launch of the service, recipients will be able to withdraw the full remittance amount at nearby Wave Agent shops free of charge within 45 days by presenting the remittance reference number and mentioning “International Remittance.”
Multiple Ways to Receive Money
Through this partnership, families in Myanmar can conveniently receive money sent from Malaysia through the following channels:
- Direct transfers to Wave Wallet accounts
- Easy cash withdrawal at Wave Agent shops nationwide
Through the strategic collaboration between Wave Money’s extensive nationwide service network and Merchantrade’s service network across Malaysia, users will be able to enjoy a seamless, reliable, and convenient remittance experience.
Reliable Remittance Service from Malaysia to Myanmar
Merchantrade is a trusted remittance service provider offering international money transfer services from Malaysia to Myanmar. Through this strategic partnership, Wave Money users will enjoy the following benefits:
- Faster receipt of remittances from Malaysia
- Secure and compliant money transfer services
- Direct remittance transfers into Wave Wallet accounts
- Easy cash withdrawals at Wave Agent shops nationwide
This collaboration further strengthens Wave Money’s leadership in the FinTech industry while supporting its vision of improving everyday lives through secure, accessible, and inclusive financial services for everyone.
About Wave Money
Wave Money is Myanmar’s first and leading mobile financial services company, providing secure, easy, and fast financial services including money transfers, cash withdrawals, payments, bill payments, and other financial solutions. Through a nationwide network of over 61,000 Wave Agent shops, Wave Money has transformed the way people in Myanmar access and use digital financial services.
About Merchantrade
Merchantrade is a company providing digital P2P remittance services. As one of the world’s most extensive remittance networks, Merchantrade enables individuals and families to transfer money quickly and securely from Malaysia to Myanmar through trusted and convenient financial services.
