Wave Money

Using Wave Money customers can transfer money whenever they like. They can either use a Wave Shop or their mobile phone. The maximum amount that can be sent and received using the app is 500,000 Kyats a day whilst the amount that can be received at a shop is double that (the sending limit remains the same). There is a charge for both sending and receiving money from the shop whilst using the app is free.

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Type Wallet
Company behind LPM Central Bank of Myanmar
Market share details 57,000 Wave Shops throughout Myanmar
Market relevance High

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