About
OK Dollar (OK$) is a Myanmar mobile wallet run by Internet Wallet Myanmar Limited of Yangon, launched in June 2016. Users hold a balance in the app tied to their mobile number and use it to send money, top up airtime, pay electricity and other bills, or pay shops by entering the merchant's registered number or scanning its QR code. Cash can be paid in and withdrawn through partner banks: since January 2019 the state-owned Myanma Foreign Trade Bank has offered OK$ cash-in and cash-out. The service began outside Myanmar's mobile financial services licensing regime and was later licensed by the Central Bank of Myanmar.
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