e wallet providers continue conquering local user base

E-wallet providers continue conquering local user base

Competing with huge promotions is no longer a sustainable strategy of e-wallet providers. In the context of a sharp increase in the number of users of digital payment methods and competition from new forms of payment, e-wallets have been constantly evolving and expanding cooperation to increase presence in the market.
dorsey fintech firm block wants bitcoin mining for all

Dorsey fintech firm Block wants bitcoin mining for all

Jack Dorsey on Thursday announced that his digital payments firm Block is building a system to make it easier for people to mine bitcoin.
netstars vietnam partners with m service to promote non cash payment for teteshop users

Netstars Vietnam partners with M-service to promote non-cash payment for TeteShop users

Netstars Vietnam Co., Ltd., a member of multinational fintech startup Netstars, signed a collaboration agreement with Mobile Online Services JSC (M service) in early December 2021.
online payments via e wallets on the rise

Online payments via e-wallets on the rise

Gaining momentum through four social distancing periods, e-wallet payments, along with e-commerce continue to thrive in the new normal.
viettel touch down turns around lives in burundi

Viettel touch-down turns around lives in Burundi

From a life without the lights of civilisation, Burundians can now call, text, use the internet cheaply as well as make payments via e-wallets.
m service becomes vietnams latest unicorn with valuation of more than 2 billion

M-Service becomes Vietnam's latest unicorn with valuation of more than $2 billion

M-Service JSC, the parent firm of Vietnam-based e-wallet MoMo, has just become the country's latest unicorn with a valuation of more than $2 billion in its Series E round after securing around $200 million from a consortium of investors led by Mizuho Bank.
banks reposition for trend transition

Banks reposition for trend transition

While state-owned banks are dominating the domestic credit and debit card categories, privately-held banks in Vietnam are expanding their international payment footprint.
viettel to launch mobile money service

Viettel to launch mobile money service

Viettel is the last Vietnamese telecom giant to join the mobile money race.
vib joins hands to build cashless society in vietnam

VIB joins hands to build cashless society in Vietnam

As a pioneer of digital transformation, Vietnam International Bank (VIB) has made efforts to launch several initiatives to contribute to speeding up Vietnam’s transformation into a cashless society.
mobifone to be first ict operator licensed to deploy mobile money in vietnam

MobiFone to be first ICT operator licensed to deploy mobile money in Vietnam

MobiFone has just become the first Vietnamese telecommunications operator to be granted permission to trial the provision of mobile money services across the country, with the pilot term lasting until November 18, 2023.
vnpay and viettel store launch all in one vnpay pos payment solution

VNPAY and Viettel Store launch "All-in-one" VNPAY-POS payment solution

VNPAY-POS will be applied by 332 Viettel Stores after Vietnam Payment Solution JSC (VNPAY) and Viettel Store signed the strategic cooperation on November 18.
fintech seeing rapid growth across asean

Fintech seeing rapid growth across ASEAN

As ASEAN and Vietnam in particular embrace the rise of digital payments, thanks to their young and digital-savvy populations, investors continue to pay more attention to the fintech environment.
consumers become more prudent in post pandemic personal finances

Consumers become more prudent in post-pandemic personal finances

The COVID-19 pandemic has transformed the personal finance landscape, with consumers now more conservative about their short-term spending habits and more prudent in their long-term financial plans.
project on cashless payment development for 2021 25 approved

Project on cashless payment development for 2021-25 approved

Deputy Prime Minister Le Minh Khai has signed a decision approving a project on the development of cashless payment in Vietnam in the 2021-25 period.
leaders lay stepping stones for financial inclusion

Leaders lay stepping stones for financial inclusion

Vietnamese authorities are sticking to their target of moving towards a digitally-led economy by increasing cashless payments for public services, in which the non-cash payment value would be 25 times higher than GDP.