China UnionPay International (China UPI) has announced that it is working in cooperation with Myanmar’s Cooperative Bank (CB Bank) to introduce its EASi Travel UnionPay card in Myanmar for the first time, which will allow Myanmar citizens to make domestic and international payments. The card, which CB Bank says will be available from September, is deposited with Myanmar kyats and is accepted in more than 140 countries nationwide. China UPI signed a joint-venture agreement with CB Bank related to ATM machines in December 2012, and has also reached an agreement with Myanmar Payment Union regarding points-of-sale terminals. Myanmar’s banking industry is slowly opening up after years of isolation and ATM machines were introduced for the first time in late 2012, as were payments via Master Card and Visa.