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AYA Bank PCL and Grab Forge a Strategic Partnership
Posted on April 12, 2024
We are pleased to announce a significant milestone as we formalize e-commerce merchant service agreement between AYA Bank PCL and Grab on 9th April 2024. This event signifies a strategic step forward in our commitment to enhancing the digital payment landscape in Myanmar.
This collaboration positions AYA Bank as the first and only local acquirer in Myanmar integrated into Grab’s extensive network, expands payment options for Grab users in Myanmar, allowing them to utilize Visa, Mastercard, and JCB cards across the platform, simplifying the checkout process and ensuring secure transactions.
The signing ceremony commenced with a welcome address from U Myat Min Htin Kyaw, Deputy Chief Executive Officer of AYA Pay, and Daw Tresa Hein, Country Head of Grab Myanmar. The agreement was signed by Daw Nang Saw Kham Phyu, Director of Cards, AYA Bank, witnessed by U Nay Soe Ya, Director of Merchant Payments, AYA Bank, and On Grab's side, Daw Tresa Htet Htet Myo Hein, Country Director, Grab Myanmar, signed the agreement, with the presence of Daw Su Mon Kyaw, Head of Marketing, Grab Myanmar, further solidifying the partnership between our organizations.
We view this partnership as a step towards realizing our shared vision of a cashless society and look forward to further collaborations that will enhance the digital ecosystem in Myanmar.