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  • Beyond Banking: KBZ's Journey to Empowering 19 Million Lives

    Beyond Banking: KBZ's Journey to Empowering 19 Million Lives

Since its launch in late 2018 as Myanmar's next-generation digital payments platform, KBZPay has spearheaded KBZ Bank's transformation from traditional banking to a mobile-first financial ecosystem, emerging as the nation's leading digital lifestyle enabler.

With over 19 million users – nearly half of Myanmar's adult population – KBZPay now integrates seamlessly into daily life through comprehensive services spanning payments, transfers, and lifestyle solutions.

Beyond Banking: KBZ's Journey to Empowering 19 Million Lives

Notably, KBZPay's annual financial transactions surged from 1.2 billion in 2023 to over 2.1 billion in 2024, reflecting year-on-year growth of 90%+ and underscoring its rapid adoption nationwide.

Launched on Huawei's cloud-based platform, KBZPay offers a comprehensive suite of digital financial services—including a digital wallet, payments, and lending—alongside a Super-App open framework. This framework is powered by a one-stop mini-program platform, enabling seamless integration of third-party mini apps.

Beyond Banking: KBZ's Journey to Empowering 19 Million Lives

The cutting-edge solution is defined by its four key strengths:

• High Availability: 99.999% uptime

• High Performance: 30,000 transactions per second (TPS)

• High Security: Fraud prevention exceeding six-sigma standards

• High Agility: 100+ releases within three years

This foundation propelled KBZ’s unprecedented success in advancing financial inclusion and accelerating nationwide digital transformation through KBZPay.

Know More About KBZPay:https://www.kbzpay.com/en/

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