Myanmar’s largest mobile wallet
KBZPay is a free business application developed by KBZBANK.COM. This tool is Myanmar’s largest mobile wallet network, and KBZ Bank supports it. You can store, transfer and spend money using this platform's simple, safe technology—all from your mobile device.
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KBZPay provides financial services to people living in Myanmar, connecting them with other individuals and businesses throughout the country, helping them to adapt their traditional lifestyles so they can benefit from a digital economy, and enabling them to enjoy the benefits of modern technology. It has adopted a stringent KYC process that complies with international standards.
Packed with amazing features
KBZPay's digital process, which uses smartphone facial recognition to carry out biometric ID checks and document verification, is entirely digital. This app ensures that you can access the company's digital systems no matter when or where you are. You can accomplish a lot on your mobile device with just a few taps—whether you want to transfer, withdraw, or deposit money.
Further, when you send money to your loved one, they will be notified immediately by SMS and push notification so they can keep track of their financial balance and know when to go to the ATM bank. You can use this tool for a variety of purposes, including making peer-to-peer payments, topping up your account balance, and cash in or cash out.
This app is convenient to use. You can quickly pay all your bills, such as municipal fee payments, loan repayment, tuition fees, broadband services, electricity, water, and more. It has an easy-to-use interface, and it is straightforward to navigate. However, some users have complained about difficulties with face recognition. The app’s face-scanning technology wasn’t working correctly, making it difficult for customers to log into the system or create new accounts.
Still a valuable tool for a Myanmar resident
KBZPay is a user-friendly mobile wallet helpful to people in Myanmar who don’t have access to a traditional checking or savings account. This app allows customers to transfer and spend their money safely and efficiently. The app's face-scanning technology may need some work, but overall, the service is competitive with other mobile wallets on the market and should work as an excellent way to pay for goods or services in Myanmar.
