Myanmar Mobile Payment Services: An Effectiveness Research Project

This research project investigates the effectiveness of mobile payment service providers in Myanmar, focusing on the impact of digital payment systems on the nation's economy. It explores the role of mobile payment services, particularly OK$, and their influence on economic factors. The study employs both qualitative and quantitative research methods, utilizing primary and secondary data sources. The analysis reveals a positive impact of mobile payment systems, highlighting significant opportunities for growth and development within the digital payment sector in Myanmar. The report concludes with recommendations for industry stakeholders and policymakers to optimize the implementation and utilization of mobile payment strategies for enhanced performance and broader economic benefits. Desklib provides access to this report and many other solved assignments.

Research Project
The effectiveness of mobile payment service providers in Myanmar:
A study on the OK$, Myanmar
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Executive summary
A mobile payment system is an approach that has changed the revolution of the payment
aspect manually. The study has helped in understanding the requirements and need of mobile
payment system at the present time. The investigation here has also helped in knowing the
impact of mobile payment system on the nation and the effectiveness of service provider of
mobile payment procedure in Myanmar. In this dissertation, the main focus has been done on
the economic and another important factor of the nation which gets influence both positive
and negative manner with the use of mobile payment system.
The study has also helped in making understand the research methods and techniques that
have been used here. There are several techniques which have been considered here to
provide better and informative data and information. The primary and secondary source of
information has been obtained by the researchers to collate the data in more accurate and
valid manner. The quantitative and qualitative methods have also been utilized which has
assisted the investigators to attain the long-lasting data and information. The qualitative
analysis method has been used which as assisted the researchers to interpret the data and
collected raw facts in the proper and in a systematic manner avoiding complexity and critical
aspect.
The analysis of the data interprets that the mobile payment system providers are having a
great and positive influence on the nation. It has also been analysed and understood that there
is a wide scope of development and growth of the digital payment system in the nation. On
the basis of the analysis made in the study, several recommendation and suggestions have
been made by the investigators that will assist the industry and nation to manage and make
plans to perform well and utilise the strategies in more advanced manner.
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Chapter- Introduction/Main Body
Background
The effective payment system is one of the essential aspects which is needed to be
maintained and has to be managed in the proper manner. This is very useful as this helps in
ensuring the current amount of money and its benefits. The mobile/digital payment system is
one of the aspects which is presently used and adopted by all. The market trend has changed
digitalisation has been emerging which is helping the nation to avail several advanced
technologies which directly lead to nation’s growth and development (Ally, 2014).
The mobile payment system is the element which is aiding the nation to get international
competitive benefits as there are many opportunities that come with the implementation of
the mobile payment system. Though there are several opportunities threatening situations are
also there as every nation is willing to get a higher position than others, hence all will try to
use the system in a strategic manner which is creating more threat to Myanmar (Okereke,
2017).
Aim/objectives
Aim
To motive to carry out this investigation is to determine the efficiency and effectiveness of
the mobile payment service providers in the nation (Myanmar).
Objectives
 To understand the importance of digitalised payment system in Myanmar.
 To evaluate the need and role of mobile payment service providers.
 To examine the impact of mobile payment system on the nation.
 To provide suggestions and recommendation to nation for implementing the system
effectively.
Significance
The study performed here is very useful and is helping the nation as well as the researchers to
know about the actual position of the Myanmar market in context to mobile payment
services. There is a great influence of using the digital technology presently by the nation as
the issues and problems that are get faced in the previously used system can be able to get
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managed. There is a high need for this technology as the scope and growth opportunity of this
is very wide (Hedman & Henningsson, 2012). The students who are researching on this
aspect are able to learn and understand more about the subjective aspect. The service
providers of nations will also get to know the wide growing scope of the mobile money
system, hence according to that the strategies and effective plan can be made. The nation
could also able to attain competitive benefits as this is availing several opportunities to it. The
learners will get the opportunity to enhance their skills and subjective knowledge about the
advanced technologies.
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References
1. Ally, A. (2014). The prospects and legal challenges posted by M-Payments and M-
banking services in Tanzania. Open University Law Journal, 5(1), 49-57.
2. Okereke, D. (2017). Factors Driving Mobile Payment Adoption: Benefits, Challenges
and Opportunities, Research Project, 5-12.
3. Hedman, J., Henningsson, S. (2012). Competition and collaboration shaping the
digital payment infrastructure. In: Proceedings of the 14th Annual International
Conference on Electronic Commerce (ICEC). ACM Press, New York, NY, USA.
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