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 36

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