MyanmarPay Code of Conducts
MyanmarPay Standardization
MyanmarPay Standardization
MyanmarPay Merchant QR Stand Guidline
MyanmarPay Standardization
Step 1
Prepare Your Mobile Device: Ensure that you have a smartphone or mobile device with an active SIM card and internet connectivity.
Step 2
Choose Your Bank or Financial Institution: MyanmarPay is offered by various banks and financial institutions in Myanmar. Choose a bank that you already have an account with or one that you'd like to open an account with or update your banking or wallet application.
Step 3
Open an Account (If Needed): If you don't already have an account with the chosen bank, visit one of their branches or apply online to open a savings or current account.
Step 4
Start Using MyanmarPay Through your banking app: Now that you are registered and your bank account is linked to MyanmarPay, you can start using it for various transactions. You can pay bills to the merchants by simply using MyanmarPay QR at the merchant counter.
Step 5
Familiarize Yourself with Fees and Limits: Understand there is no fees involve for customers who are paying with MyanmarPay.
Step 1
Contact to the desired bank or Financial Institutions (FIs) that Merchant wish to be as a partner for Application form.
Step 2
Submit Merchant Application and Supporting document as per requirement for Compliance of the chosen partner bank or Financial Institutions (FIs).
Step 3
After documents are verified as complete and accurate by the partner bank or Financial Institutions (FIs), their team will upload the Merchant Data to MyanmarPay Centralized Merchant Repo.
Step 4
MyanmarPay System will verify the Merchant and provide the Merchant ID to partner bank or Financial Institutions (FIs).
Step 5
The approval process may take 3-5 business days for the activation.
This is a groundbreaking development as it unifies the country's diverse financial landscape onto a common platform, bringing us all together in the digital area.
