New 'Citizens Card' payment scheme launched

A re-loadable, prepaid payment card, dubbed the “Citizen Card”, has been launched by Myanmar Citizens Bank (MCB) and Singapore-based company 2C2P. Users will be able to use a smartphone app to manage transactions in real-time. According to 2C2P, it is targeted at the retail, travel and tourism sectors. The card can be obtained at any branch of MCB as well as at their website.