Myanmar

MM · MMR · 104Asia-PacificMMK K22 methods

5 sources

KBZPay leads Myanmar's digital payments, leveraging the country's largest private bank (KZ Bank) customer base to build a comprehensive digital wallet ecosystem.

~25M

online population

~26%

banked adults

<5%

credit card population

Mix Methods Behaviour Banks Sources Facts

Payment mix

share of e-commerce spend

CategoryShare

Cash55%
E-Wallet / Mobile Money35%
Card7%
Bank Transfer3%

Methods in use

top 8 of 22

MethodType

All 22 methods in Myanmar →

Checkout behaviour

Wave Money's agent network model has been pivotal for reaching unbanked rural populations.

MMQR, Myanmar's national QR payment standard, launched February 2025, connecting 12 major digital wallets and banks.

Facts

ISO 3166: MM · MMR · 104
Region: Asia-Pacific
Population: 54M
Currency: MMK K
Banked adults: ~26%
Methods live: 22
Banks covered: 5

Largest banks

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South Korea Afghanistan Thailand Uzbekistan

Sources

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