a cashless vietnam is coming

A “cashless Vietnam” is coming

The pandemic has prompted an inevitable reset in Vietnam’s payment ecosystem and accelerated the non-cash transaction trend that had been already underway. Winnie Wong, country manager for Vietnam, Cambodia, and Laos at Mastercard, shared with VIR's Thu Huong how a global leading payments technology company like Mastercard can enhance cashless experience and enable ubiquity of digital solutions in the most secure, convenient approach.
mastercard to be banned in india for non compliance with data storage rules

Mastercard to be banned in India for non-compliance with data storage rules

India has just announced to ban the US-based payment behemoth Mastercard for non-compliance with data storage rules, effective from July 22.
one in five countries approach pre pandemic domestic flight levels as travel resumes

One in five countries approach pre-pandemic domestic flight levels as travel resumes

Global fuel spending is up 13 per cent over the 2019 peak, reflecting a strong surge in ground travel in markets including Australia, Singapore, the Philippines, and Hong Kong (China) in the Asia-Pacific.
mastercard survey reflects asia pacific consumer sentiment for new payment methods

Mastercard survey reflects Asia-Pacific consumer sentiment for new payment methods

As a result of the pandemic, enthusiasm for a broader range of payment technologies has accelerated in the Asia-Pacific region as 94 per cent of people say they will consider using at least one emerging payment method, such as QR codes, digital or mobile wallets, instalment plans, cryptocurrencies, biometrics, and others, in the coming year.
mastercard strengthens digital first programme in asia pacific

Mastercard strengthens Digital First programme in Asia-Pacific

Mastercard, a leading technology company in the payments industry, is strengthening its global Digital First programme across the Asia-Pacific with a range of innovative partners to deliver even more seamless and secure digital payment options than consumers expect as they shop and bank online more than ever before.
new mastercard report e commerce a covid 19 lifeline for merchants

New Mastercard report: E-commerce a COVID-19 lifeline for merchants

An additional $900 billion was spent in online retail around the world in 2020, according to Mastercard’s latest Recovery Insights report.
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.
mastercard rolls out inclusive report on women entrepreneurs in covid 19 times

Mastercard rolls out inclusive report on women entrepreneurs in COVID-19 times

In its fourth year, Mastercard Index of Women Entrepreneurs 2020 report highlights the vast socioeconomic contributions of women entrepreneurs across the world, as well as providing insights on the factors driving and inhibiting their advancement.
shb finance co operates with mastercard to issue international credit cards

SHB Finance co-operates with MasterCard to issue international credit cards

 SHB Finance Co., Ltd. (SHB Finance) and MasterCard has just signed a co-operation agreement aimed to develop international credit card services in favour of SHB Finance customers.    
boosting vietnamese smes by bridging the digital divide

Boosting Vietnamese SMEs by bridging the “digital divide”

For many SMEs, there exists a “digital divide” – a divide which separates businesses that have access to critical growth-driving tools like digital payments, e-commerce platforms, and advanced cloud-based bookkeeping software from those businesses who do not.
international card organisations continually urged to cut fees

International card organisations continually urged to cut fees

The Viet Nam Banks Association is urging international credit and debit card companies to reduce a number of fees, as the country continues to battle the COVID-19 pandemic.
mastercard study digital habits on the rise in southeast asia as new normal approaches

Mastercard study: Digital habits on the rise in Southeast Asia as new normal approaches

The COVID-19 pandemic has driven momentum towards the digital economy in Southeast Asia by necessitating the rapid adoption of e-commerce, home delivery, as well as digital and contactless payments, according to the latest Mastercard Impact Studies.
pandemic hit female workers get financial support

Pandemic-hit female workers get financial support

More than 800 female house cleaners, who are working at JupViec.vn, a tech company connecting household service workers and customers via phone app in Hanoi and Ho Chi Minh City, have received cash support with a total value of around $70,000 to overcome adversity emerging from the COVID-19 pandemic.    
mastercard accelerates financial inclusion with investment in digiasia

Mastercard accelerates financial inclusion with investment in Digiasia

Mastercard became the leading investor in the Series B funding round of Indonesian fintech holding company Digiasia, providing both capital and strategic assistance as Digiasia looks to strengthen its suite of financial services that expand the ways individuals and MSMEs can take part in Southeast Asia’s growing digital economy.
smarter transport for ho chi minh city

Smarter transport for Ho Chi Minh City

The transportation system in Vietnam’s biggest ­metropolis is ­undergoing a facelift as ­Vietnam’s largest urban area rolls out its ambitious smart city strategy.