Status
Piloted or planned
Data Exchange System Name
Government Private Cloud
Data Exchange System link
If a RTPS exists
Yes
Vision: PSP interoperability
Yes
Digital ID System Name
National Verification Card (NVC)
ID System link
Name (Payment)
PayPlus,WynePay
URL (Payment)
Region
Asia
# of participants
Unknown,2023- 36
AML law
Unknown
Bank participation in network
Yes
Centralised fraud management system?
Unknown
Consumer protection law
Yes
Governor
Central bank
Instant settlement system/ platform
Yes
Non-bank participation in network
Yes
Notes
Myanmar Pay listed as one of the products of PayPlus, using the digital payment switch
Offline transactions
Yes
Operator
Central bankOther
QR-based transactions
Yes
Reporting forum/ website/ form
Unknown
Rules: data handling rules for PSPs, users
Central bank/ Financial regulator
Rules: data leak notifications
Yes
Rules: participation conditions
Unknown
Rules: recourse mechanism
Unknown
Rules: transaction recall
Unknown
Settlement systems
Unknown,Unknown
Transaction cost
Unknown,Unknown
Transaction types
P2P
P2MB2B
B2P
Value (Year-USD)
Unknown
Volume (Year- Volume)
Unknown,Unknown