Wave Money

pmt_wave_money
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Wave Money is Myanmar’s mobile-money service operated by Digital Money Myanmar. Customers hold electronic value for payments and transfers, with PIN-authorised spending and MyanmarPay MMQR acceptance linking the wallet to local merchants while identity, fees and limits govern use.

Use cases:
Initiation:
Users
5.9M
Markets
1
TPV
$2.5B
Transactions
100M

Estimated Monthly Usage, Aurato Research, October 2026

Historical trends

Capabilities

Initiation & Authentication
Funding & Requirements
Processing & Settlement
Transaction Management
Refunds & Disputes
Additional native capabilities

Markets

Estimated Monthly Usage, Aurato Research, October 2026

PSPs

No PSP implementations have been mapped for this method yet.

Schemes

Compliance

Standards