More and more banks are entering the e-wallet business as they see huge growth potential in the wake of the Government’s plan to reduce cash payments to below 10 per cent of all transactions by 2020.
Foreign investors have poured into Việt Nam’s e-wallet sector as they huge growth potential in the market in the wake of the Government’s plan to reduce cash payments to below 10 per cent of the total by 2020.
MoMo, Samsung Pay and BankPlus in that order have been voted the most popular electronic wallets in Việt Nam in a poll done by Nhịp Cầu Đầu Tư (Investment Bridge) magazine.
Mocha Messenger, an over-the-top (OTT) service that provides free Internet-based calls and messaging for users, reached some 10 million of users by the end of October, two years after its launch.
The Joint Stock Commercial Bank for Foreign Trade of Việt Nam (Vietcombank) on Saturday announced on its website that the bank would revise its plan to apply new online banking security regulations.
Military-run telecom group, Viettel and national carrier Vietnam Airlines (VNA) signed a strategic co-operation agreement in Hà Nội yesterday.
Northern Phú Thọ Province and telecom group Viettel on Thursday signed a Memorandum of Understanding (MoU) to build a smart city in the region in the 2017-20 period.
Deputy Prime Minister Vương Đình Huệ has signed a policy decision encouraging cash-free transactions in Việt Nam in order to reduce the number of cash-based deals, improve overall electronic payment methods and control tax evasion.
Telecom group Viettel’s Bankplus has been the winner of the gold award at the 11th Annual 2016 IT World Awards held in San Francisco yesterday. This is the first time a Vietnamese IT product has been honoured with the prestigious award.