Spend abroad with the mid-market exchange rate - no markups, and no sneaky transaction fees.
Each country has its own way of moving money, and choosing the right method can sometimes be difficult. That’s why we have curated the most popular and best payment options for you to use in Myanmar.
No, PayPal is unfortunately not accepted in Myanmar.
Wondering what the most popular ways to pay are in Myanmar? Explore the top payment options and choose wisely.
Myanmar, with a population of around 55.18 million people, has a GDP of approximately 64.94 billion making it the 88th largest economy in the world. The official currency of Myanmar is the Burmese Kyat (MMK)
The economy is based on agriculture, natural gas exports, and gemstones. It is a member of ASEAN, but Western sanctions have shifted its economic integration more towards its neighbors, China and Thailand.
The dominant payment method in Myanmar is physical cash, the Kyat, as trust in the formal banking system is very low. During periods of cash shortages, mobile wallets like KBZPay and WavePay became essential and are now widely used for peer-to-peer transfers and QR payments. While bank transfers are used for business, they often face service disruptions.
Whatever you need to buy during your trip, whether it’s a travel adapter, train ticket or an extra bottle of sunscreen, the Wise Multi-Currency Card has you covered.
You can spend like a local in 150+ countries, as this clever contactless card automatically converts currency at the mid-market exchange rate whenever you spend - for just a small conversion fee.
And for extra convenience, you can add your Wise Multi-Currency Card to your Google Wallet or Apple Wallet. Then you can travel even lighter and pay using just your phone, with no need to pack the physical card.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.