METRO Wholesale Myanmar, the food supplier serving local commercial partners in the fast-growing hospitality and tourism sector, partners with Ongo, bringing efficient and easy digital payment solutions to customers around the country.
YANGON, Myanmar – 24 June 2019 – Ongo, the market leading business-to-business (B2B) digital payment service in Myanmar announced today an exciting partnership with METRO Wholesale Myanmar, a Food Service Distribution (FSD) business that has been operating in Myanmar since March 2019.
METRO Myanmar operates as a virtual one-stop-shop for more than 400 customers around the country and provides more than 3,000 high-quality food and non-food products via digital platforms such as websites and mobile apps. The German-based wholesaler places a high priority on strong partnerships that help promote food safety and an efficient supply chain, providing their professional customers such as hotels, restaurants, caterers as well as small and mid-sized retailers and institutions the highest quality products and services.
The Ongo partnership enables digital payments that make it easier for time-conscious METRO customers to make quick and simple purchases using the Ongo mobile app or the Ongo QR Card. “Digitalisation is a major part of our business. Unlike other countries, METRO does not operate wholesale brick-and-mortar stores in Myanmar, but instead customers utilize a sophisticated E-Commerce platform on our website. We see digital technology as the main driver of change, providing convenience and efficiency for our customers by enabling them to browse more than 3,000 high-quality products online and have them delivered at the touch of a button. That is why our new partnership with Ongo is an important element to successfully providing our customers a smooth and simple journey when they shop with us online,” says Jens Michel, CEO of METRO Myanmar.
METRO Wholesale Myanmar has made it their goal to empower millions of independent businesses with their industry-leading expertise in food quality and safety, supply chain and sustainability as well as customized solutions and digital innovations. “Ongo is proud to partner with METRO Wholesale in Myanmar, the latest country in the company’s international portfolio of the German wholesaler” says Allen Gilstrap, CEO of Ongo. “By enabling METRO customers with our digital payment services, we aim to accelerate the company’s digital transformation,” explains Gilstrap.
Since Ongo mobile wallet was officially launched in 2017 in partnership and with the support of Myanmar Oriental Bank Limited, all Ongo mobile wallet accounts are regulated by the Central Bank of Myanmar under the Mobile Banking License (MBL) directive through Myanmar Oriental Bank (MOB). This provides Ongo Users with the security of a bank regulated account without ever having to visit a bank branch.
For more information on the Ongo/METRO digitized payment system partnership or Ongo’s other innovative digital payment services, please visit the company’s official website at ongo.com.mm or Facebook account at facebook.com/ongomobilemoney, e-mail firstname.lastname@example.org or call 09-450888996-7, 09-444450816-8.
Ongo is the brand name for Ronoc Myanmar Limited and is the leading B2B digital payment service provider in Myanmar. Ongo operates in 55 Myanmar cities with over 1,800 Ongo agent employees providing digital payment services to over 130 corporate clients, 26,000 merchants and 500,000 consumer users.
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 hundreds of Cash Agent locations across Myanmar. Ongo services include; mobile airtime top-up, P2P money transfer, B2B payments, bill payments, digital payroll services and online shopping payments. In addition, Ongo Users 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 about Ongo, please contact:
Thet Moe Myint
+ 959 250 355 811
METRO is a leading international wholesale company for food and non-food assortments that specialises in meeting the needs of hotels, restaurants and caterers (HoReCa) as well as independent traders. Around the world, METRO has some 24 million customers who can choose whether to shop in one of the large-format stores, order online and collect their purchases at the store or have them delivered. METRO also supports the competitiveness of entrepreneurs and local businesses with digital solutions, and contributes to cultural diversity in retail and hospitality. Sustainability is a key pillar of METRO’s business. METRO has been the sector leader in the Dow Jones Sustainability Index for the last four years. The company operates in 36 countries, represented by METRO Cash & Carry and Food Service Distribution, and employs more than 150,000 people worldwide. In financial year 2017/18, METRO Wholesale Division generated sales of €36.5 billion.
METRO Cash & Carry is an integral part of METRO Wholesale Division, operating in 26 countries and focusing on professional customers such as hotels, restaurants, caterers as well as small and mid-sized retailers and institutions. METRO Cash & Carry is a partner of many small and mid-sized independent businesses. Their success is our focus. We have made it our goal to empower millions of independent businesses with our industry-leading expertise in food quality and safety, supply chain and sustainability as well as customized solutions and digital innovations. More about METRO: https://www.metroag.de/en
About METRO Wholesale Myanmar
METRO Wholesale Myanmar helps to improve the agriculture sector of Myanmar by buying directly from farmers for its B2B customers. In this way, farmers will benefit more from METRO’s optimized and efficient supply chain and its B2B customers can enjoy premium freshness of the products. With the ultimate aim of being the “Champion for Independent Business”, METRO Wholesale Myanmar passionately serves independent businesses with differentiated and exclusive food assortment, services and solutions. Our motto is – “Delivering Foods directly from farm to table.”
METRO Wholesale Myanmar was established in February 2017 as a joint venture between METRO and Singapore-listed Yoma Strategic Holdings. More about METRO Wholesale Myanmar, please visit https://metro-wholesale.com.
For media enquiries about METRO, please contact:
Thiri Kyar Nyo
Head of Communications & PR
Mobile: +95 9797380002