HomeMMBIZ NewsYangon to Host Mobile Payments and E-Commerce Summit

Yangon to Host Mobile Payments and E-Commerce Summit

The 5th Annual Mobile Payments & E-Commerce Emerging Markets/Asia Pacific 2014 Summit is set to take place in Yangon, the event’s organiser said.

The summit will take place on 13-14 February 2014 at Inya Lake Hotel in Yangon, Singapore-based event organiser Magenta Global said.

The summit was previously held in Singapore, Vietnam, Ghana, Sri Lanka, Bangladesh and Cambodia, it said.

In addition to Myanmar, the summit will also focus on tapping new opportunities in mobile payments and e-Commerce in regions including Asia, the Middle East and Central Asia.

The organiser said Mobile payments and e-commerce industry experts will share their case studies on the successful deployment of mobile payments, mobile banking and e-commerce in emerging markets during the summit.

The summit aims to bring together decision makers and corporate leaders from banks, telcos, ICT, internet sectors and enterprise end-users, Magenta Global said.

It said businesses in Myanmar can establish partnership, collaboration or joint ventures with telcos, e-Commerce companies and banks, capitalising on current mobile trends and technologies during the summit, to rollout new business or product offerings.

The Central Bank of Myanmar is currently promoting mobile banking and payments in Myanmar, and industry insiders say e-Commerce and mobile commerce is about to boom in the Southeast Asian nation’s new emerging economy.

Myanmar’s business landscape could be drastically reshaped through the fast adoption of mobile commerce and e-Commerce, especially with the two foreign telcos rolling out their new services in 2014, experts say.

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