No.
5.1.2
Indicative action
1.
Roll out the Digital ID card to
all people resident in
Myanmar so that they have
the possibility of access to
financial services. This action
is a completion of the project
already underway through the
MoLIP.
2.
End SIM pre-registration or
use another factor for
identification for mobile
wallets.
Update the Mobile Financial
Services Regulation to clarify the
definition of a mobile wallet.
Expected outputs
Priority
level
Supported
by:
Related strategies
High
CBM
CBM-NET II plan
Further acceptance of mobile wallets as a means of paying for
goods and services.
The definition does not, currently,
include
KYC
customer
verification. This means that the
size of payment that can be made
using mobile wallets is limited.
Inclusion of KYC customer
verification would enable it to be
used for larger payments, and to
enable merchants to use mobile
wallets
5.1.3
Implement CBM-NET Phase II
The following will be available:
1.
Fully integrated and interoperable payment services and
accounts with banks and other financial institutions,
enabling:
MPU
All
banks
and
other
financial
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