Visa, Planet Payment Announce Strategic Alliance
Visa recently announced the opening of the Myanmar market to ATM and POS acceptance through their licensing agreements with Co-operative Bank, Kanbawza Bank, and Myanmar Overseas Bank. To offer these new services to the country the payments giant is working with Planet Payment. As a result of the recent success in Myanmar, Visa and Planet Payment are working on opportunities to target the deployment of the managed service to additional developing markets in support of traditional ATM and POS acceptance as well as developing support for mobile point of sale (mPOS).
