Myanmar’s supermarket chain City Mart has reportedly partnered with Visa and KBZ Bank to allow payment using Visa e-payment cards at its selected branches across the country.
The card acceptance service will allow customers to pay with their Visa debit and credit cards at City Mart in Junction Square, Market Place by City Mart at Golden Valley and Market Place by City Mart at Parkson, all in Yangon.
Visa’s country manager for Myanmar Hiro Taylor told Bangkok Post: "We congratulate City Mart on becoming the first supermarket chain to roll out card acceptance in Myanmar. For customers, paying with a Visa card is simple, safe and secure, eliminating the risk of carrying too much or too little cash.
"Businesses can increase their sales safely and securely, knowing their money will be deposited to their bank accounts the following day.
"Visa is proud to support the roll-out of card acceptance in Myanmar, and we look forward to working with more merchants as we continue to develop the financial infrastructure and expand access to electronic payments across the country connecting Myanmar to the world," Taylor added.
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By GlobalData