First in Myanmar: Visa cards now accepted at City Mart City Mart to become first supermarket chain in Myanmar to accept Visa cards with the help of KBZ Bank

Thursday 09 April 2015 13:25
Shopping is about to become simpler and more convenient for Thai travelers at City Mart as the country’s largest, leading supermarket chain teams up with Visa and KBZ Bank to rollout card acceptance across selected branches - a first for a supermarket chain in Myanmar.

Now customers can pay with their Visa debit and credit cards at City Mart, starting with Junction Square, Market Place by City Mart at Golden Valley and Market Place by City Mart at Parkson branches in Yangon.

“We congratulate City Mart on becoming the first supermarket chain to rollout card acceptance in Myanmar. For customers, paying with a Visa card is simple, safe and secure, eliminating the risk of carrying too much – or too little – cash. This is particularly good news for tourists especially, when they are buying Myanmar gifts home. As for businesses, they can increase their sales safely and securely, knowing that their money will be deposited to their bank accounts the following day,”[1] said Hiro Taylor, Country Manager for Visa, Myanmar.

“Visa is proud to support the rollout of card acceptance in Myanmar and we look forward to working with more merchants as we continue to develop the financial infrastructure and expand access to electronic payments across the country – connecting Myanmar to the world,” added Mr. Taylor.

Since entering Myanmar in 2012, there are more than 1,800 retailers and 1,150 ATMs accepting Visa cards.

From 24 March until July 31, customers who spend 20,000 Kyat at City Mart will get a free pack of Royal Myanmar Teamix worth 1,000 Kyat.[2] The offers also apply to City Mart branches at Junction Square and Parkson.