Comparing the two payments apps to help you pick the right one for Myanmar.
| KBZPay | WavePay | |
|---|---|---|
| Description | Myanmar's largest mobile wallet, run by KBZ Bank. Locals scan its QR codes everywhere in Yangon and Mandalay, from tea shops to supermarkets and bill payments. | Wave Money's wallet, backed by the country's biggest network of corner-shop agents for cash in and cash out. A daily money tool for millions of Myanmar locals. |
| Essential? | No | No |
| Pro Tip | Registration realistically requires a Myanmar SIM and local verification, so most visitors never get an account. Treat Myanmar as cash first: bring clean, crisp US dollar notes to exchange for kyat, as worn bills are often refused. | Like KBZPay, WavePay is effectively locals only. ATMs in Yangon and Mandalay accept foreign Visa and Mastercard with fees around 5,000 to 10,000 kyat per withdrawal, so take out larger amounts before heading beyond the main cities. |
| App Store | Download | Download |
| Play Store | Download | Download |
We recommend KBZPay for payments in Myanmar. Registration realistically requires a Myanmar SIM and local verification, so most visitors never get an account. Treat Myanmar as cash first: bring clean, crisp US dollar notes to exchange for kyat, as worn bills are often refused.
KBZPay is our top recommendation for payments in Myanmar. Myanmar's largest mobile wallet, run by KBZ Bank. Locals scan its QR codes everywhere in Yangon and Mandalay, from tea shops to supermarkets and bill payments.
KBZPay vs WavePay in Myanmar