Tags: cashless payment

EVN to allow QR-code payment from September

EVN to allow QR-code payment from September

The Vietnam Electricity (EVN) plans to get connected with banks and other organisations by the end of August to allow customers to pay electricity bills through QR-code from September this year.

Visa to support 10 million SMEs in Asia Pacific

Visa to support 10 million SMEs in Asia Pacific

Visa has recently announced a commitment to support 10 million small businesses across Asia Pacific, including Vietnam, in an effort to get local communities back to business in the wake of the COVID-19 pandemic.

E-commerce promoted to boost Vietnam's digital economy

E-commerce promoted to boost Vietnam's digital economy

VOV.VN - Last month, the Vietnamese government approved a master plan on national e-commerce development through 2025. The plan is part of efforts to promote the digital economy whose advantages are tapped to boost competitiveness and productivity, and expand the market and exports.

Mobile money pilot project submitted to PM for approval

Mobile money pilot project submitted to PM for approval

A mobile money pilot project has been submitted to the Prime Minister for approval, marking a bold step for the development of payments using telecommunication accounts in Vietnam, Governor of the State Bank of Vietnam Le Minh Hung said at the dialogue between the PM and the business community last week.

Banking sector vows adequate capital to keep economy going

Banking sector vows adequate capital to keep economy going

The banking sector will ensure adequate capital to keep the economy going, according to an official from the State Bank of Vietnam (SBV), amid the novel coronavirus disease (COVID-19) which is taking heavy toll on the economy.

Strong e-payment growth recorded in 2019

Strong e-payment growth recorded in 2019

Cashless payments grew strongly in 2019, with 635,000 transactions worth a total of VND380 trillion recorded each day, according to statistics from the State Bank of Vietnam (SBV).

The next phase of online retail and shopping

The next phase of online retail and shopping

Direct-to-consumer sales, particularly subscriptions, could be the next phase of online shopping in Vietnam as the model sees a wave of investment from major companies worldwide.

Customs authorities to stop accepting cash

Customs authorities to stop accepting cash

Payments of import-export taxes and fees to customs authorities must all be conducted via cashless payment methods or through credit institutions from the beginning of April, according to a requirement recently issued by the General Department of Vietnam Customs.