Ooredoo launches mobile money service M-Pitesan in Myanmar

Ooredoo has launched its mobile money solution M-Pitesan that enables mobile phone users in Myanmar to make instant money transfers and payments.

M-Pitesan mobile money service is supported by advanced technology, customer security features and 24×7 customer support for mobile users.

Ooredoo plans to add new features including QR code payments for goods and services, and bill payments for utilities and municipal services.

Ooredoo said M-Pitesan enables money transfers between mobile numbers through a dedicated mobile wallet for Ooredoo customers or an Ooredoo store for non-registered users. In addition, M-Pitesan is the only mobile money service provider in Myanmar that offers real-time tracking between user bank accounts (CB Bank) and the mobile wallet.
“M-Pitesan will give customers the access to the digital financial services. We have big plans for M-Pitesan and in the months to come will be expanding the service to include additional functionality for customers, banks and businesses alike,” said Vikram Sinha, acting CEO of Ooredoo Myanmar.

Ooredoo has 2,400 M-Pitesan agents in Yangon, Naypyitaw, Mandalay, Bago and Taunggyi. Ooredoo plans to add another 7,500 agents to expand its network in future especially in rural and underserved regions.