Update News
2C2P joins uab bank in waiving fees for COVID-19 donations on Sai Sai Pay
Yangon, 7th April 2020 – uab bank, a leading bank in Myanmar in partnership with global payments platform 2C2P announced today that they will be waiving all fees on Sai Sai Pay app in order to support the COVID-19 prevention effort in Myanmar.
Sai Sai Pay – the First Celebrity App creating a digital lifestyle ecosystem to support the local music & film industry as well as raise funds for COVID-19 efforts – was launched on 4th April 2020 by renowned Myanmar Celebrity Sai Sai Kham Leng in partnership with uab bank.
On 10th April 2020, the popular annual “Sai Sai Birthday Show” will be live-streamed on the Sai Sai Pay app in view of the global COVID-19 pandemic. Sai Sai has chosen to make the broadcast free to his fans and the public during this difficult time and is using his birthday show to raise funds for the fight against COVID-19. Sai Sai’s fans and all app users will be able to donate to support COVID-19 relief efforts and all funds raised from this birthday show will go towards the COVID-19 Relief Fund and related areas.
“When we learnt that Sai Sai is using his birthday show to raise funds for COVID-19 relief efforts by inviting donations from the public through Sai Sai Pay, we immediately jumped on board to offer our help. As a long-term partner of uab bank, we are happy to be a part of this wonderful cause and will waive all our processing fees for donations towards the COVID-19 relief fund. We hope this will encourage others to donate generously.” said Pyay Nyein, Director of 2C2P.
Christopher Loh MD & CEO of uab bank said “We are thrilled that our partner 2C2P shares the same vision of simplifying payments and transfers, and in doing good for the people of Myanmar. Funds transfers on uab mobile banking has always been free and likewise on our newly launched Sai Sai Pay. Particularly for donations, we believe that such fees should be waived. We hope that this joint commitment from 2C2P and uab bank would inspire change and see other institutions waiving the fees for donations.”
Sai Sai Kham Leng added, “It is very exciting for me to partner uab bank in launching Sai Sai Pay and jointly raise funds from my birthday show for COVID-19. I am so glad and thankful that 2C2P has joined us for this meaningful cause and waive their fees for the COVID-19 donations. Together, we hope our efforts and contributions would help the people of Myanmar in the fight against COVID-19.”
All processing fees by 2C2P for donations made via MPU and 123 service will be waived effective from 7th April 2020 until the end of the global pandemic in support of Myanmar’s fight against COVID-19.
The Sai Sai Pay application can be downloaded via both Apple Store and Google Play store.
#LeadingChange #HumanisingBanking
#SaiSai #SaiSaiPay #SaiSaiBirthdayShowinBedroom
#COVID19 #TogetherWeThrive
About uab bank
uab bank is a leading bank in Myanmar. Recognised for its successful transformation and leadership in the Myanmar banking sector amidst the regulatory changes and governance requirements, uab bank was named ‘Myanmar’s Best Bank’ by Euromoney, ‘Best Bank for Corporate Governance Myanmar’ by Global Banking & Finance, ‘Mid-sized Domestic Retail Bank of the Year’ by Asian Banking & Finance, and was ranked No. 1 in Corporate Governance Disclosure by TiME Pwint Thit Sa Report published by the Myanmar Centre for Responsible Business.
Established in 2010, we are now serving our customers from a growing network of over 78 branches in 47 townships across Myanmar. uab provides a wide range of financial services including consumer banking, premier banking, SME banking, corporate banking, trade finance and treasury services. Through our subsidiary uab securities, we also provide brokerage services, corporate and financial advisory, investment banking and capital market activities.
At uab bank, we believe in leading the way towards a better Myanmar, humanising banking, connecting people, creating opportunities and changing lives. In December 2017, uab launched “Be The Change Myanmar” initiative that represents our commitment to driving change for a better Myanmar, specifically focusing on empowering women and children. We believe uab must operate responsibly and be committed to the community we are in.
For more information, please visit our website: https://www.uab.com.mm/
About 2C2P
2C2P helps businesses securely accept payments from millions of customers around the world. It has dual headquarters in Singapore and Bangkok and operates across Southeast Asia, North Asia, the US, and Europe. 2C2P is the preferred ASEAN payments platform provider of regional airlines, travel companies and global retailers.
In Myanmar, 2C2P employs over 100 staff and has partnered with several major institutions including Myanmar Payment Union (MPU) to develop payment solutions for the country. In February 2015, 2C2P and MPU launched the country’s first e-commerce payments platform, enabling MPU cardholders to pay for online purchases with their cards. In March 2020, 2C2P worked with the Mandalay City Development Committee (MCDC) to launch Mandalay Smart Pay, a mobile application enabling residents to make payments, transfer money and more anytime, anywhere on their phones.
For more information on 2C2P, please visit www.2c2p.com
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