banks to introduce domestic credit chip cards to promote cashless payments

Banks to introduce domestic credit chip cards to promote cashless payments

The National Payment Corporation of Viet Nam (Napas) last week said it would work with seven banks to introduce domestic credit chip cards with unified standards to limit cash payments and tackle black credit.
nestle vietnam once again lauded for budget contribution

Nestlé Vietnam once again lauded for budget contribution

Swiss-backed Nestlé Vietnam has been conferred a Certificate of Merit by Dong Nai People’s Committee for its excellent achievements in state budget contribution at a recent conference reviewing tax payment activities in the province and honouring the best tax-payers for their performance in 2019.
momo announced its completion of series d funding round

MoMo announced its completion of Series D funding round

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.
visa invites asia pacifics top startups to unlock their global potential

Visa invites Asia-Pacific’s top startups to unlock their global potential

Visa, the world’s leader in digital payments, is announcing an accelerator programme for startups across the Asia-Pacific that are looking to expand their businesses into new markets. Visa will select an elite group of up to six startups to be part of the first programme cohort. The Visa Accelerator Programme will focus on creating defined commercial opportunities for these startups to collaborate with Visa and its extensive network of bank and merchant partners in the region.
bankograph fixing security challenges in payment transactions

Bankograph: fixing security challenges in payment transactions

Bankograph has achieved the latest version (3.2.1) of PCI DSS and is ready to expand business activities in Vietnam and the Asia-Pacific.
students make spectacular landing at financial literacy programme finale by visa

Students make spectacular landing at Financial Literacy programme finale by Visa

The team sScan championed the final round of Visa’s 2020 Vietnam Financial Literacy programme, walking away with the top prize for their funding platform for streamers.
germany will contribute 5 million to the covid 19 asean response fund

Germany will contribute €5 million to the COVID-19 ASEAN Response Fund

The Federal Republic of Germany has announced the payment of €5 million into the COVID-19 ASEAN Response Fund.
standard chartered vietnam launches 247 instant interbank transfers

Standard Chartered Vietnam launches 24/7 instant interbank transfers

Standard Chartered Vietnam today announced the launch of its 24/7 instant interbank transfer service on SCPay, its new cloud-native global payments platform, allowing both corporate and individual clients to send and receive funds to and from external bank accounts anytime anywhere including on weekends and public holidays. The service is applicable to beneficiary/ remitter accounts of National Payment Services Vietnam (NAPAS) network member banks.
e wallet services to facilitate online payment convenience

E-wallet services to facilitate online payment convenience

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.
mastercard lending momentum to unfolding digital payments landscape

Mastercard lending momentum to unfolding digital payments landscape

Cashless payments are undoubtedly on an upward trajectory globally and regionally, highlighted by COVID-19 and governors expediting digital transformation. Safdar Khan, division president of Mastercard’s emerging markets in Southeast Asia department, shared with Celine Luu what key trends will shape the payment industry and how Mastercard creates a secure and convenient ecosystem to deliver seamless, top-notch contactless services to their customers.
tax tweak deemed essential to shield digital economy

Tax tweak deemed essential to shield digital economy

Commercial banks are being required to provide information of taxpayers’ payment bank accounts and transactions to the tax department, as Vietnamese authorities aim to create a level playing field in an open digital economy.
phu yen supports enterprises impacted by covid 19 pandemic

Phu Yen supports enterprises impacted by COVID-19 pandemic

Phu Yen People’s Committee has extended a range of support for businesses affected by the COVID-19 pandemic, including extending payment deadlines for value added tax and corporate income tax.
vnpay banking on e payment strategy

VNPay banking on e-payment strategy

Although most everyday payments are still carried out with paper money in Vietnam, electronic and cashless solutions are on a stellar rise, with companies like electronic payment pioneer Vietnam Payment Solution JSC (VNPay) offering options that are unrivalled in convenience and speed. For the establishment of such future-ready services, VNPay has been recognised in the Vietnam Value Programme.
one stop payment solution and warm hearts offered by payoo

One-stop payment solution and warm hearts offered by Payoo

One of the top goals of digital transformation is to leverage technologies to create value and benefits for the community and reduce costs and time for society, which is also the direction VietUnion – the owner of the Payoo payment platform – has been following over the past 10 years. 
mb and military hospital 175 shakes hand to promote cashless payment

MB and Military Hospital 175 shakes hand to promote cashless payment

Vietnamese lender Military Commercial Joint Stock Bank (MB) is actively embracing cashless payment towards a cashless economy as one of its priority strategies.