ZaloPay targets 1,000 points of sale

February 12, 2018 - 09:00

ZaloPay e-wallet, developed by VNG Corportion, aims to open about 1,000 new points of sale in 2018, according to Phan Thanh Thảo, business development director of Zalo Pay.

Viet Nam News

HÀ NỘI — ZaloPay e-wallet, developed by VNG Corportion, aims to open about 1,000 new points of sale in 2018, according to Phan Thanh Thảo, business development director of Zalo Pay.

Run by ZION Company Limited, a member of the Việt Nam Banking Association, ZaloPay enables electronic payment for bills such as electricity, water, internet and TV as well as money transfer via QR code and connection with bank accounts for cash withdrawals or recharge.

To date, ZaloPay is accepted at many retail chains such as Thế Giới Di Động, FPT Shop, Viễn Thông A, Nguyễn Kim, Circle K, Family Mart, 7 Eleven, B’s Mart, Lotte Cinema, Galaxy Cinema, BHD Cinema, Viettravel and Tiki.

Thảo said that ZaloPay aims to become a popular e-wallet accepted by e-commerce websites, shopping centres and even small retailers.

During Tết (Lunar New Year) holiday, ZaloPay is implementing a service to send lucky money among users.

Phạm Thông, marketing director of Zalo Pay, said that Việt Nam’s mobile payment market had significant potential, given its young population and the popularity of smartphones. — VNS

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