19-08-2021 10:00
The pandemic-triggered turbulence continues to gnaw at the consumer finance industry in Vietnam, but some players are exploring potential new approaches to the challenges, particularly from some international investors.
19-07-2021 08:08
Customers are increasingly using the VNPAY e-wallet app to make daily payments and protect their health during the social distancing period and the resurgence of the COVID-19 pandemic.
24-06-2021 10:00
Contactless trends reinforced by pandemic restrictions are creating a window of opportunity for more e-wallets and payment intermediaries to further expand in the digital ecosystem, as evidenced by recent comprehensive integration between partners.
02-06-2021 16:38
The first digital banking platform in Vietnam, Timo, on May 24 announced that it has officially become a strategic partner of the world's largest fast-food restaurant chain, McDonald's, in Vietnam.
27-05-2021 08:00
The mobile payment market is not a game for weak businesses without effective strategies. Ngo Trung Linh, CEO of VietUnion – a pioneer in tapping Vietnam’s mobile payment market with the Payoo platform – explained to VIR’s Hoang Oanh why there is still untapped potential for development.
25-05-2021 21:16
Despite offering more payment options and benefits like promotions to customers – which make e-wallets an attractive alternative to traditional payment methods – many of the present players are facing heavy losses in Vietnam.
08-03-2021 07:55
VNPAY e-wallet is the first e-wallet dedicated to strengthen family bond by allowing users to create member-wallet for family, friends and loved ones.
02-02-2021 01:21
Luring in e-wallet users by plentiful promotion activities seems to be less attractive as the payment method still occupies for a small proportion.
13-01-2021 17:23
Leading local e-wallet MoMo has published the results of its successful Series D capital mobilisation, including Goodwater Capital, Kora Management, and Macquarie Capital among the largest names.
10-12-2020 15:00
While there have been issues relating to peer-to-peer and other digital lending and e-payments solutions in Vietnam as of late, one of the most advanced areas of fintech in the country currently is the increasing use of e-wallets. Dung Dang, managing partner at Indochine Cousel, writes on the existing rules for e-wallets in Vietnam and how they pertain to privacy and accessibility.
09-12-2020 14:59
MoMo is setting sights on becoming a super app, with the first step being the recent launch of its newest feature Du lich – Di Lai (Go travelling).
02-11-2020 09:09
The State Bank of Vietnam is drafting a circular regarding cashless payments which might allow domestic commercial banks and domestic intermediary payment companies to co-operate with foreign intermediary payment companies to provide international payment services.
13-10-2020 18:22
AppotaPay JSC, under game publisher Appota Group, has been granted a payment intermediary service license by the State Bank of Vietnam, making it the latest player in Vietnam's e-payment landscape.
07-10-2020 12:43
VieON has filed a lawsuit against e-wallet MoMo after having its contract terminated out of the blue, but while information is thin on the ground, communications from the over-the-top platform indicate it may have chosen a legal route harder to prove.
29-09-2020 19:08
Even as major e-wallet platforms enhance partnerships with businesses to gain a foothold in the local market, locally-invested MoMo has suddenly cancelled its contract with an over-the-top platform, raising concerns over whether the e-wallet platform is strong enough without the alliance.