Myanmar is known for its booming oil and gas industry.
However, as the country has a population of about 10 million, the vast majority of its population live in the country’s poorer north.
The country’s government has set up an official mobile payment service to provide cash and electronic payments for basic necessities like food, fuel and medicine.
In 2017, the country launched the mobile payment platform, Exxon Mobile Payment, which offers a range of products and services, including cashless payments.
The platform has launched a number of products in Myanmar, including the Exxon Mobil mobile payment app, as well as a digital wallet for users.
The company has been actively investing in the mobile payments market in Myanmar and has been able to do so thanks to a new mobile payment infrastructure, according to the Myanmar Mobile Payments Association (MMPA).MMPA president and CEO, Gyanpreet Singh, said the mobile service is designed to provide the government with a unified mobile payment solution in Myanmar.
Singh said the company plans to expand its mobile payment offerings in the coming months.MMPA has been working with the government for over two years, he added.
The mobile payments platform was initially launched in 2017, but was launched in 2018 with a price tag of $1.99.
MMPA plans to continue offering the app to users and offer more features as the company sees the market evolve, he said.MMPS has partnered with other companies, including Paytm and Paybuddy, to offer its mobile payments to the public.
The MMPA has partnered in the past with the countrys state-owned telecom operator Myanmar National Telecommunications and Information Corporation (MNIC) to offer the app in the capital, Naypyidaw.