About
MPU is Myanmar's national card network and interbank switch. It was set up in 2011 under the guidance of the Central Bank of Myanmar, became the Myanmar Payment Union Public Co., Ltd. in July 2015 and has 30 member banks. MPU debit and credit cards are switched domestically at ATMs and POS terminals, through MPU's e-commerce gateway and for interbank fund transfers. Agreements in 2013 brought UnionPay and JCB cards onto the MPU network, co-brand cards for use abroad followed from 2015, and in April 2024 Yoma Bank launched Myanmar's first co-badged MPU-Mastercard debit card, when MPU acceptance covered about 34,000 POS terminals and 500+ online merchants.
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