Myanmar Payment Union

When it first started, its purpose was to provide the ATM and POS (Point of Sale) switching services among the banks.

[2] With the direction of the Central Bank of Myanmar, Myanmar Payment Union was organized on 15 September 2011 in Yangon by state owned and private banks.

On 23 November 2012, Japan Credit Bureau (JCB) signed an agreement on the use of its payment system at the Myanmar Banks Association and CUP followed suit the next day.

Within this agreement holders of international bank cards with agreements with either JCB or CUP will be able to use them in the automatic teller machines of the member banks of the Myanmar Payment Union.

[3] On 18August 2017, AYA bank introduced its first JCB-MPU co-brand card to be able to use both locally and internationally.