Cooperation between ongo and ananda for a cashless society enables customers to embrace a true digital lifestyle
YANGON, 19 December 2018 – Ongo, the market leading business-to-business (B2B) digital payment service in Myanmar, and the high speed 4G+ data service provider ananda have officially become partners at today’s signing ceremony held at Pan Pacific Hotel Yangon. Their cooperation allows customers to easily top up their internet accounts at any Ongo agent shops across the country and via the Ongo and my ananda apps, as well as to buy ananda products at Ongo agent shops.
“ananda is helping Myanmar step up its internet infrastructure by providing Myanmar’s people with the high speed 4G+ data service they need, and we want to be a part of it. As a market-leading B2B digital payment provider, ongo mobile payment solutions will empower ananda customers to make convenient and safe mobile payments from anywhere. Our strategic partnership paves the way for a better financial inclusion and an enhanced digital lifestyle for people in Myanmar,” said ongo CEO Allen Gilstrap.
In the near future, ongo agent shops will offer ananda products and services as well as co-branded activation services for new ongo/ananda customers. Ongo mobile payment service enables business and consumer users with smartphone app digital wallets and is a leading pioneer in Myanmar’s transformation to a cashless society. Ongo B2B service include digitizing payments in the FMCG, microfinance and digital services sector and recently launched Myanmar’s first digital payroll service for employers.
“Myanmar is moving forward towards a cashless financial sector and ongo is a leading financial inclusion organization with truly innovative services and products. We share the same vision of a thriving and fulfilling digital lifestyle which will enable Myanmar’s people to live more,” said ananda CEO Alan Sinfield at the signing ceremony.
Ongo currently operates in 55 Myanmar cities and will continue to expand its menu of payment options for B2B and consumer Ongo Users in 2019. In particular, Ongo Users with ananda 4G+ service will be able to conveniently enjoy and pay for their digital entertainment subscriptions.
ananda delivers high quality and high speed 4G+ data service to consumers and enterprise users. From 10th October 2018 ananda users can renew their data plans or add on services to their existing subscription using Wave Money. Launched in May 2018 in Yangon, ananda will be introducing its services in Mandalay soon.
Ongo is the brand name for Ronoc Myanmar Limited which provides digital payment services in Myanmar with its licensing partner Myanmar Oriental Bank (MOB). Ongo App Users can use their smartphone to Cash-in (convert their cash into E-money) and Cash-out at Cash Agent locations in 55 Myanmar cities. Ongo services include; mobile airtime top-up, P2P money transfer, B2B payments, bill payments, and online shopping payments. In addition, Ongo Users will receive rewards in their Ongo App from leading Myanmar retailers and online merchants. Our goal is to promote financial inclusion in a safe, simple and convenient fashion. For more information, see the Ongo Facebook page at https://www.facebook.com/ongoemoney/ or please visit the website at http://www.ongo.com.mm.
About Amara Communications
Amara Communications Co., Ltd. (ACS) is a leading provider of services to the telecommunications industry in Myanmar. ACS owns and operates ananda, a 4G+ data operator that enables a liberating digital experience for consumers and enterprise users. Launched in Yangon in Q2 2018 and later in the year in Mandalay, ananda is proud to be wholly Myanmar-owned with international service standards.
Established in 2011, ACS has been providing network rollout services which includes tower foundation civil works, installation of power and radio communications equipment, operation and maintenance of towers, and distribution network for top-up cards. ACS is part of the IGE Group, a Myanmar group of companies with a diverse portfolio of businesses, including power, energy, infrastructure development, hospitality, financial services and telecommunications. For more information, please visit www.ananda.com.mm.
For media enquiries, please contact:
Kaythari Khin | for ongo
+95 996 810 5225
Ms. Nyein Chan Thu
Public Relations and Internal Communications Manager | ananda
(95) 9 777 756 858