MPU (Myanmar Payment Union)Myanmar's domestic card scheme and switch, historically co-badged with JCB and UnionPay. Since international schemes withdrew after 2021, it has become virtually the only usable card rail in the country.Myanmar Payment Union (banking consortium under the Central Bank of Myanmar) · since 2011
Global registry · Asia-Pacific · Southeast Asia
Myanmar (Burma) Payment systems
4 systems listed.
This country doesn’t have a written market analysis yet: e-commerce shares, regulator, and key players are still to be documented. The systems below, however, are verified.
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Payments in Oceania and CanadaPayments in Central AsiaPayments in South Asia outside IndiaPayments in Southeast AsiaPayments in Japan and KoreaPayments in Malaysia and SingaporeAccepting payments in Australia and New ZealandAccepting payments in Indonesia and ThailandAccepting payments in Japan and South KoreaAccepting payments in Southeast AsiaPayments in Asia: super-apps, public rails, and cross-border QROpening a new market: the payments playbook
Card schemes
Clearing and settlement
CBM-NETMyanmar's core settlement infrastructure, run by the central bank under its own published directives: funds transfers, current accounts and overdrafts, an automated clearing house, check truncation, and a central securities depository. No accessible central bank document establishes when it went live.Central Bank of Myanmar
Wallets
KBZPayMobile wallet backed by KBZ Bank, with its own partner merchant network and call center, serving as the bank's consumer channel in Myanmar. The company publishes neither a launch date nor user figures, so its market share cannot be stated.KBZ Bank
Interoperable QR
MMQRMyanmar’s interoperable QR standard, which acts as a switch linking 11 wallets (KBZPay, Wave Money, AYA Pay, OK Dollar, UAB Pay, CB Pay, and others). A recent, fast rollout that barely appears in international surveys.Central Bank of Myanmar · since 2025More than 24 million users, more than 30 million transactions, and MMK 12.7 trillion between February 2025 and January 2026; more than 420,000 merchants and 11 connected wallets (Central Bank of Myanmar)