MasterCard signs deal with bank in Myanmar to boost e-payments

A license deal with Myanmar's Co-Operative Bank lays the groundwork for its cards to be issued and accepted in the country, the company said, a move that follows the easing of United States financial restrictions to reward reforms.

The inability to pay for goods or withdraw cash with credit cards is a symptom of years of tough international sanctions against the former military dictatorship, which gave way to a quasi-civilian regime last year.

SHARE CLOSE
Blogger		Google+
Live Journal		Plurk
Stumble Upon

Tweet

	PREVIOUS ARTICLE
	Sony hit by cyber-attack; hackers steal info of its mobile unit clients

NEXT ARTICLE
Australia jobless rate falls to 5.1% in August, but prospects are dim

Write a Comment

Terms

Enter your comments - 3000 characters max

Type in image code

 Receive China Post promos
 Respond to this email

Submit