Our story starts with you. WynePay is established to drive financial inclusion by providing low-cost rails to connect the financial institutions that serve Myanmar’s financially excluded populations.
WynePay's use cases focus on payments that most effectively serve the underbanked.
WynePay will help the end users of MFIs to make repayments at a lower cost.
Greater access to cash-in/out points
End users will be able to access the agents which are nearest to them.
Greater choice of financial provider
End users will have a variety of choices for the payment system.
For Mobile Financial Services
WynePay enables mobile financial services to serve more customers and make more transactions by widening the industry.
Development of digital ecosystem
WynePay will enable a digital ecosystem in the MFI industry fostering a frictionless payment system.
Reduced cost through centralized functions
Centralizing functions such as fraud management, settlements and reconciliation for a variety of DFSPs will reduce costs, benefiting everyone in the industry.
For Microfinance Institutions
WynePay makes the operation of MFIs more efficient by making it easy to reach out to borrowers.
Access to multiple payment channels with one integration
One integration gains you access to all connected Mobile Financial Services.
Reduced cost of integration, reconciliation, settlement & fraud management
Collective action provides better and lower cost services.
Improved technology choice
The advanced technology aims to provide additional use cases in the future.
MMD will become a complementary service to existing CBM payment projects, which the regulators have waited for long.
Increased financial inclusion through greater reach and innovation
WynePay will bring financial inclusion by bringing the unbanked population into the payment system.
Better visibility into transactions
Move towards digital economy
Real-time interoperable payment system will support the industry’s growth moving towards the digital economy.