Myanmar, a Southeast Asian country with a rich cultural heritage, is experiencing a period of economic liberalization and political reform. Its financial system is still developing, and cash remains the primary mode of payment. However, Myanmar is starting to embrace digital payments, with mobile money services and online banking gradually gaining traction. Myanmar’s payment landscape is predominantly cash-based, reflecting a relatively underdeveloped financial infrastructure and limited access to modern payment technologies. While credit and debit cards are used to some extent, cash transactions remain dominant across most sectors. Mobile money services are emerging but face challenges in expanding their reach due to infrastructure limitations and relatively low levels of digital literacy. Online banking and electronic transfers are still in the early stages of development.
Estimated Population
54.4 million
Currency
Myanmar kyat (MMK)
All supported payment methods for Myanmar:
Visa, Mastercard, American Express, JCB, UnionPay International, Discover, Diners Club, Apple Pay, Google Pay, PayPal, MaestroPopular payment methods
Mastercard
Credit/Debit Cards
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American Express
Credit/Debit Cards
Elevate your business with American Express, a premium payment network that attracts discerning customers and drives higher-value transactions.
JCB
Credit/Debit Cards
JCB is a leading international payment network, offering a unique opportunity for businesses to reach a growing customer base, especially in Asia-Pacific.
UnionPay International
Credit/Debit Cards
UnionPay is the world’s largest payment network, offering businesses the opportunity to tap into the vast Chinese market and beyond.
Discover
Credit/Debit Cards
Discover is a leading payment network that offers a unique combination of security, rewards, and customer service, making it an attractive option for businesses.
Diners Club
Credit/Debit Cards
Diners Club is a global payment network renowned for its premium services and exclusive benefits, offering businesses access to a discerning clientele.
Apple Pay
Wallets
Apple Pay offers businesses a convenient and secure way to accept payments from iPhone, Apple Watch, and Mac users, enhancing the customer experience and boosting sales.
Google Pay
Wallets
Google Pay empowers businesses to offer a fast, secure, and convenient mobile payment experience, attracting a wide range of customers.
