Tags: momo

Banking transactions, mobile payments grow sharply in Vietnam

Banking transactions, mobile payments grow sharply in Vietnam

Non-cash payments continue to boom in Vietnam this year as the country has seen a surge in banking transactions and mobile payments in the first four months of the year, according to an official from the State Bank of Vietnam (SBV).

Pilot project allows fee payment for cars and motorbikes online

Pilot project allows fee payment for cars and motorbikes online

Residents in Hanoi and Ho Chi Minh City will now be able to pay registration fees for cars and motorbikes through the Government’s national public service portal, banking electronic payment channels and intermediary payment service providers.

Winners to take it all in e-wallet race

Winners to take it all in e-wallet race

An economic expert has said e-wallet firms are breaking out promotions to try and win large chunks of the high potential market in Vietnam.

E-wallet becomes growingly popular in Vietnam

E-wallet becomes growingly popular in Vietnam

VOV.VN- Thanks to their great convenience in transactions, e-wallets are growingly used in daily purchases all around Vietnam. This has led to a fierce competition among service providers, yet a wonderful chance for consumers to enjoy various benefits.

E-wallets fight for VN market share

E-wallets fight for VN market share

Twenty eight e-wallets have been licensed, but 80 percent of market share belongs to only five of them, according to the State Bank of Vietnam (SBV).

MoMo leads in e-wallet market: poll

MoMo leads in e-wallet market: poll

MoMo was voted the most popular electronic wallet in Vietnam in 2019 in a poll conducted by Nhip Cau Dau Tu (Investment Bridge) magazine.

E-wallet users likely to update personal information

E-wallet users likely to update personal information

The central bank is seeking comments on a draft circular revising and supplementing some articles of Circular 39 on payment intermediaries, including asking e-wallet users to provide additional personal information.

Telecoms firms ready for mobile money service

Telecoms firms ready for mobile money service

Telecommunications firms are ready to pilot a mobile money service thanks to their modern technology infrastructure, customers, wide transaction point networks and financial resources.