Telenor makes it easier for Myanmar people overseas to send money home
Telenor Group is offering Myanmar nationals living in Thailand and Malaysia its Valyou low-cost international-remittance services in a bid to promote “greater financial inclusion” in Southeast Asia.
They’ll soon be able to send money directly to their families and friends back home.
The service is supported by the United Nations Capital Development Fund under its Shaping Inclusive Finance Transformations (Shift) programme.
Wave Money, a joint venture among Telenor Group, First Myanmar Investment and Yoma Bank, will serve as the local disbursement partner, using its e-wallet service, pending regulatory approval.