Company Information

Get to know MPT PAY

MPT PAY is a secure and convenient mobile money service designed to facilitate digital transactions for the people of Myanmar. Launched by Myanma Posts & Telecommunications (MPT), the service allows users to perform a wide range of financial activities directly from their smartphones, including sending and receiving money, paying bills (utilities, internet), topping up mobile balances, and making QR code payments at a network of partner merchants. The company's mission is to drive financial inclusion and support the country's transition towards a cashless digital economy.

Industry

Financial Electronic PaymentPRIMARY
Financial Banking
Financial Other Service

Contact

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MPT PAY

N/A

Founded in

13 Nov 2018 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

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Reviews

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Security Information :

Company hasn't provided information.

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.