MasterCard
Worldwide MA is the first international payments network to issue a
license to a Myanmar bank, paving the way for branded cards to be issued
and accepted in the country for the first time, following a historic
agreement signed this month.
The license agreement with Myanmar's Co-Operative Bank Limited, one of
the most established commercial banks in Myanmar with the largest ATM
network in the country, will see the issuing of MasterCard branded cards
and the acceptance of MasterCard/ Maestro/ Cirrus cards by ATMs within
the country.
The agreement also enables merchants in Myanmar to accept MasterCard
payment cards, giving them access to commerce and the ability to
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