A bank vs Wave Merchant

Ayeyawaddy Farmers Development Bank, widely known as A bank, a public company limited was formed on December 22nd, 2014 under the 3/2014 Financial Law ratified on July 30th, 2014 by the Central Bank of Myanmar. A bank is running nationwide commercial banking operations under licenses authorized by Central Bank of Myanmar. The main purpose of A bank is to bring development in agro-based industry through value chain financing i.e. increasing the access of finance at every stage of value chain starting from production to consumption. A bank also intends to support SME development and “Financial Inclusion of Unbanked Population” by delivering technology-enabled, diversified banking products and services through multi-channels approach. We have launched the A bank mBanking – mobile banking app which is a solution to enchant our valued customers. A Bank mBanking App is a mobile banking service which is available for all mobile phone devices. Our customers can download onto their mobile phones and register via nearest A bank’s Branches in order to connect their accounts with the chosen mobile number or email.

Fast, Easy, and Safe Online Payments - Myanmar's Leading Mobile Financial Service. Introduced by Wave Money, the Wave Merchant app brings fast, easy, and secure over-the-counter payment solutions not only for merchants and shops to track each transaction and analyze financial data but also for customers to make payments easier and more convenient. The app includes the following features: Dynamic QR: Customers can now enjoy the most convenient "Scan and Pay" functionality. The cashier keys in the specific payment amount, and customers can effortlessly and conveniently complete their payment by scanning the Dynamic QR code provided by the Wave Merchant app. Real-Time Transaction History Detail & Analytics: Merchants receive real-time transaction notifications and gain access to detailed transaction information. Additionally, the app provides a business analytics tool, allowing merchants to view their total transactions, sales, average daily transactions, average daily sales, etc. Bank Settlement: Merchants can seamlessly settle payments to their linked bank accounts. The app facilitates both cashing into the linked bank account and cashing out from it.