Friday, August 17, 2012

Asia - Voice of America: Visa to Enter Cash-Dominated Burma

Asia - Voice of America
asia
Visa to Enter Cash-Dominated Burma
Aug 17th 2012, 10:27

It may soon be easier to make credit and debit card transactions in Burma, after financial services company Visa announced it is preparing to enter the Southeast Asian nation's cash-dominated market.   The Wall Street Journal reported Friday that Visa is training local bank workers to use electronic payment systems to help modernize Burma's economy, which is emerging from decades of international sanctions. Although making electronic transactions has become routine elsewhere in ...

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