Mobile Banking
Myanmar is an ideal market for mobile banking technologies, as currency rates and denominations, combined with current banking policy, necessitate the cumbersome usage of large quantities of cash. Mobile banking would be useful for paying salaries and bills, as well as Government to Business (G2B), People to Business (P2B) and Business to Business (B2B) transactions. This sector is likely to provide good investment opportunities following the overhaul of the telecoms market, when mobile phones are expected to become highly ubiquitous, however, clear regulations on the subject have not yet been issued by MPT or the Ministry of Finance.