Wave Money continues to provide essential mobile financial services to millions of customers. We are operating as usual and long-term commitment to Myanmar remains.Wave Money is a separate legal entity to Telenor Myanmar. Although the Telenor Group is one of our shareholders, Wave Money operates independently and is not directly affected by the sale of… Continue reading Re Telenor Group sells Telenor Myanmar to M1 Group
Category: Press Release
ANNOUNCEMENT MAY.21.2021
Notification 26 MARCH 2021
Dear WavePay Customers, The cashback promotions for mobile topups will be valid till Wednesday, 31st March 2021. This is effective for all the mobile operators. Thank you for using WavePay application.
New Limits Announcement from the Central Bank of Myanmar
5 March 2021, Yangon, Myanmar – As per the interim instruction we received from the Central Bank of Myanmar, we would like to inform that all WavePay customers can cash out at Wave Money shops up to 300,000 MMK per day and daily transfer to Yoma Bank SMART account is now limited to 300,000 MMK,… Continue reading New Limits Announcement from the Central Bank of Myanmar
Wave Money reports record growth in 2020 as Myanmar embraces mobile financial services to cope with COVID-19
5 January 2021, Yangon, Myanmar – Wave Money, the leading mobile financial services provider in Myanmar, moved a total of 12 trillion Myanmar kyat (US$ 8.7 billion) in 2020 as the country rapidly embraced digital financial services in the face of the COVID-19 pandemic.
Announcement on Launch of WavePay by Wave Money on Shop.com.mm and Partnership for 11.11/12.12 Mega Campaign
The WavePay integration on Shop’s platform highlights the ease and dynamism of e-commerce as Shop makes it more convenient and secure to transact online. This partnership will increase WavePay’s secure digital wallet’s utility and prominence by bringing access to Shop’s array of +1 million products and +6000 sellers to WavePay’s +1.1 million monthly active users.
Wave Money sets record breaking 1.1 Million Monthly Active Users of WavePay
29 October 2020, Yangon, Myanmar – Wave Money has set a new record as WavePay application crossed 1.1 million monthly active users in October. With a remittance value reaching 8 Trillion Myanmar Kyat (US$ 5.9 billion) from January to September 2020, Myanmar’s leading mobile financial services provider posted an impressive daily average growth of 162% in new WavePay registrations by comparison to January 2020.
MCM supports Myanmar citizens to #BeCyberSmart
12 October 2020, Yangon, Myanmar – Cybersecurity experts are joining hands to support and protect Myanmar citizens against cybersecurity risks and threats, particularly in light of the COVID-19 pandemic. Speaking at a virtual media briefing to announce the 2020 Myanmar Cybersecurity Month (MCM), U Ye Naing Moe, Director of the Information Technology and Cyber Security Department of the Ministry of Transport and Communications (MOTC-ITCSD), highlighted the importance of being cyber aware and cyber smart as millions of Myanmar citizens leverage technology for social connection, information, entertainment and e-commerce.
Wave Money Announces Appointment of New Chief Technology Officer
Yangon, 29 September 2020 – Wave Money, the leading provider of mobile financial services in Myanmar, announces the appointment of Htin Hlaing as Chief Technology Officer (CTO). Htin Hlaing joins the company on 29 September 2020 and will be based at the Wave Money head office in Yangon.
Wave Money leads digital payments for COVID-19 action in Myanmar
Yangon, Myanmar – 8th June 2020 – Government, humanitarian agencies and corporates have teamed up with Wave Money, the leading mobile financial services provider in Myanmar, to digitally deliver aid to individuals and communities hard-hit by the COVID-19 pandemic.