Private banks in Myanmar have begun rolling out automated teller machines in recent weeks, a new banking system, revolutionary in a country where people often haul sacks and suitcases of cash to banks.
Naing Lin Oo, a 26-year-old computer engineer, said after withdrawing about 120,000 kyat one recent afternoon, 'It’s fantastic, so convenient. It would be good to see more of these.' Maung Maung Win, one of two Central Bank of Myanmar deputy governors, said, 'Our payment system is still quite simple. It’s mostly based on cash. Even some of the big companies or our government departments like to use cash.'
Myanmar Life believes that in a short period, in every angles, Myanmar will be pop up.
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