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.
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.
hsbc vietnam facilitates international investment in vnlife vietnams second unicorn

HSBC Vietnam facilitates international investment in VNLIFE, Vietnam’s second unicorn

HSBC Vietnam supported General Atlantic and Dragoneer Investment Group in co-leading a $250 million Series B investment in VNLIFE, a local tech startup operating in banking enablement, digital payment, online travel, and new retail. This capital injection is expected to accelerate the growth of VNLIFE’s existing businesses and support its development of new platforms and technologies to better serve its merchant partners and Vietnamese consumers.
visa makes it a breeze to receive funds from abroad with visa direct

Visa makes it a breeze to receive funds from abroad with Visa Direct

Visa, the world’s leader in digital payments, has partnered with Vietnamese banks to make it easier for Visa debit card holders to receive inbound remittances using MoneyGram and Remitly. Powered by Visa Direct, cardholders will receive the funds directly to their accounts in near real-time.
visa and moca team up to accelerate online shopping and digital payments

Visa and Moca team up to accelerate online shopping and digital payments

Visa, the world’s leader in digital payments, and Moca, a leading digital payments service in Vietnam, have teamed up to encourage consumers to save their Visa payment card-on-file to make fast, convenient, and secure online payments via Moca's payment solutions on the Grab app and other e-commerce platforms.
latching onto a payment model to fit all news tastes

Latching onto a payment model to fit all news tastes

Following in the footsteps of popular giants in the traditional press world, Vietnamese media groups are more keen to examine the prospects of new models that would charge readers for content online.
visa extends support of cashless day to drive growth of non cash payments in vietnam

Visa extends support of Cashless Day to drive growth of non-cash payments in Vietnam

Visa, the world’s leader in digital payments, is celebrating Cashless Day in Vietnam by raising awareness to the benefits cashless payments provide businesses and consumers across the country.
visa summit highlights rising regional security focus

Visa summit highlights rising regional security focus

Visa hosted its annual Asia-Pacific Visa Security Summit last month and highlighted significant changes in the regional payment landscape, with the increasing demand for contactless payment technologies and a call for greater industry collaboration to tackle security concerns. Pavan Muttireddy, director of Southeast Asia Risk Services at Visa, talked with VIR’s Hoang Anh about his observations on how Visa is addressing stakeholders’ need for secure digital payments.
visa partners sacombank to launch business reporting an sme spend management tool

Visa partners Sacombank to launch Business Reporting, an SME spend management tool

Visa, the global leader in digital payments, has teamed up with Sacombank to provide small- and medium-sized enterprises (SMEs) in Vietnam with access to an enhanced spend management tool designed to help manage their business expenses more effectively. Visa Business Reporting enables SMEs to track where and how their money is spent, and if they are going beyond budget, making it easier to manage cash flow and compile accurate business expense reports.
super app explosion signalling a digital payment revolution

Super app explosion signalling a digital payment revolution

Multi-purpose apps are gearing up for fiercer competition to grab a slice of Vietnam’s fast-growing, mobile-first market.
japanese newspaper reviews vietnams first unicorn firm

Japanese newspaper reviews Vietnam’s first unicorn firm

Over the past decade and a half, VNG has diversified into cloud computing, ads, digital payments and media, and built up one of the biggest digital user bases in Vietnam, said an article recently published on the Japanese newspaper Nikkei Asia.
visa survey spots momentum for cashless payments

Visa survey spots momentum for cashless payments

Visa, the world’s leader in digital payments, has released its Consumer Payment Attitudes study in Vietnam that sheds light on how behaviour has changed during the COVID-19 pandemic towards a cashless economy. Dang Tuyet Dung, Visa country manager for Vietnam and Laos shared with VIR’s Thanh Van her insight into the report and the fast-paced change in Vietnam’s digital payment landscape.
advancing payments infographics

Advancing payments (Infographics)

Cashless payment options have been gaining traction in the last few years, and a new study from global digital payments leader Visa is now shedding light on such trends in Vietnam and how behaviours have changed during the pandemic.
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.