Wave Money, the leading provider of mobile financial services in Myanmar, reported phenomenal growth in the first half of 2019. From January to June, the company paid 22 Billion Myanmar Kyat (US$ 15 Million) in agent commission, which was more than triple compared to the same period last year (US$ 4 million). In addition, Wave Money moved approximately 2.6 Trillion Myanmar Kyat (US$ 1.7 billion) in remittance in the first six months of 2019.
Month: July 2019
Wave Money and Oway Partnership Leverages Mobile Financial Technology to Enable Easy and Convenient Travel Payments
Yangon, 11 July 2019 – Wave Money, the leading provider of mobile financial services in Myanmar and Oway, the leading travel and transport company in the country, have entered into a strategic partnership that will make travel-related payments easier and more secure. WavePay users can now quickly and more conveniently buy flight and bus tickets as well as book hotels, tours and other exciting activities in top destinations worldwide through the Oway website. As part of the partnership launch, WavePay users can avail of a 50% discount on all domestic flights booked through the Oway website from 11 July to 10 August 2019.