Wave Money review
Updated October 13, 2026 · VaultCue Editorial Team
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Our verdict
Wave Money is known for everyday account use through the Wave App. It suits people who handle routine daily payments and transfers by phone and who want to review available access, functions and help routes with care and attention before deciding.
Key facts
- Best for
- Everyday phone based money for daily transfers
- Monthly fee
- MMK 0↗
- Transfer fee
- Free between Wave accounts; 400-7,000 MMK tiered to a non-Wave user↗
- Legal entity
- Digital Money Myanmar Ltd. (operating as Wave Money)↗
- Headquarters
- Myanmar↗
- Founded
- 2016↗
- Support channels
- Phone, Help-centre↗
- Audience
- Expats, Business
- Pricing model
- No monthly fee
- Official website
- wavemoney.com.mm
Money transfer
- Delivery time
- Instant for Wave App transfers↗
- Payout methods
- Bank, Cash-pickup, Wallet↗
- Fee to send 1,000
- MMK 0↗
Facts checked September 26, 2026, 5 sources
Apps and profiles
- Get the app
- App StoreGoogle Play
- Elsewhere
- facebook.comyoutube.com
Pros
Pros
- Provides everyday account handling through the Wave App
- Keeps daily transfers and routine payments together by phone
Who it suits
- People who handle routine payments by phone
- People who keep transfers and spending together
How Wave Money compares
Where Wave Money is available
- Available
- Myanmar
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does Wave Money cover for everyday use?+
Wave Money covers everyday account activity with transfers through its app. It centres on routine payments and daily money movement. People should confirm that the available functions match the tasks they handle each week.
How does Wave Money work in plain terms?+
It works as a phone based home for everyday money. People send and receive transfers inside the app and track routine activity there. Readers check access steps, device needs and help routes before deciding.
Who finds Wave Money useful?+
It suits people who prefer managing daily money by phone. It also suits people who want transfers and routine payments kept together. Habits, comfort with app use and service expectations deserve attention before deciding.
Does Wave Money charge a monthly fee?+
The monthly fee at Wave Money is MMK 0. (Source, checked September 26, 2026)
Which company operates Wave Money?+
Wave Money is operated by Digital Money Myanmar Ltd. (operating as Wave Money). (Source, checked September 26, 2026)
Where is Wave Money based?+
Wave Money is based in Myanmar. (Source, checked September 26, 2026)
When was Wave Money founded?+
Wave Money was founded in 2016. (Source, checked September 26, 2026)
How can I contact Wave Money support?+
Wave Money offers support through Phone, Help-centre. (Source, checked September 26, 2026)
Sources
- wavemoney.com.mm checked September 26, 2026
Backs: Delivery time
“Our innovative Wave mobile wallet provides a secure and convenient platform for instant payments anywhere, anytime”
- wavemoney.com.mm/about-us checked September 26, 2026
Backs: Founded, Headquarters, Legal entity
“Founded 2016”
- wavemoney.com.mm/help-center checked September 26, 2026
Backs: Support channels
“you should contact the 24-hour Wave Money Call Center. Atom phone users can call 900, and other operators can call 09790009000”
- wavemoney.com.mm/international-remittance checked September 26, 2026
Backs: Audience
“With trusted partners from Thailand such as 2C2P and DeeMoney, worldwide partner MoneyGram, and Malaysia partner Merchantrade, money can be sent from over 200 countries directly to a Wave Wallet...”
- wavemoney.com.mm/limit-and-fees checked September 26, 2026
Backs: Payout methods, Transfer fee, Fee to send 1,000
“Daily Bank Transfer-Out 4,000,000; Cash-Out; No service charge for receiving money withdrawals at Wave Agent Shop”
- wavemoney.com.mm/wave-app checked September 26, 2026
Backs: Pricing model, Monthly fee
“transparent pricing, no hidden fees, just hassle-free payments”
Compiled from 6 source pages, checked October 13, 2026. We did not open an account.
Not confirmed yet: Licence type, Deposit protection, Currency conversion fee, Currencies.