Myanmar operator MPT switched-on its mobile money service, a platform the company’s CEO hailed as an innovation which would improve access to financial services and aid efforts towards a cashless society, mobileworldlive.com reported.

The state-owned provider first announced it was developing the product in March 2018 and was cleared for launch by the country’s central bank in October 2019.

MPT Money goes to market with 25,000 agents across Myanmar, with plans to double this number in the “coming months”. The platform supports remittances, bill payment, top-ups and retail mobile payments in selected locations, the report said.