whatsapp launches first digital payments option

WhatsApp launches first digital payments option

SAN FRANCISCO: Facebook on Monday (Jun 15) added a digital payments feature to its WhatsApp messaging service, starting in Brazil but with an eye to expanding around the world.
vietnam leading the regional pack in embracing a cashless society

Vietnam leading the regional pack in embracing a cashless society

The Vietnamese government is looking to take the country towards relying less on cash when making purchases. Dang Tuyet Dung, Visa country manager for Vietnam and Laos, talked to VIR’s Hoang Anh about the potential future of a cashless society for the country.
visa supports cashless day in joint effort to promote non cash payments in vietnam

Visa supports “Cashless Day” in joint effort to promote non-cash payments in Vietnam

Cashless Day, held annually on June 16 by Visa – the world’s leader in digital payments – aims to promote the adoption of non-cash payments and aligns with the government’s plans to drive Vietnam towards a cashless society.
cashless payments beginning to gain traction across the country

Cashless payments beginning to gain traction across the country

Visa, the world’s leader in digital payments, recently published the Consumer Payment Attitudes 2019 study, showing a marked drop in cash usage in Vietnam as consumers embrace new ways to pay. Dang Tuyet Dung, country manager for Visa Vietnam and Laos, told VIR’s Thanh Van about the company’s plan to help Vietnam achieve a cashless economy.
visa study finds cash usage dropping in vietnam as consumers embrace new ways to pay

Visa study finds cash usage dropping in Vietnam as consumers embrace new ways to pay

A new study commissioned by Visa, the world’s leader in digital payments, has found Vietnamese consumers are using less cash in favour of digital payment methods including new payment technologies such as contactless cards and mobile payments, as well as mobile e-commerce payments.
encouraging mobile money to stem the spread of covid 19

Encouraging mobile money to stem the spread of COVID-19

As the number of COVID-19 cases increases, many are opting for cashless payments to avoid direct contact and potential hygiene issues arising with banknotes which may help the spread of the COVID-19. This boosts the appeal of digital payments, particularly mobile money – a service in which the mobile phone is used to access financial services – to those who have not considered this form of transaction.
visa and nextpay sign mou to promote cashless payments in vietnam

Visa and NextPay sign MoU to promote cashless payments in Vietnam

Visa, the world-leader in digital payments, and NextPay, a provider of comprehensive digital transformation solutions (the parent company of Vimo E-wallet and the mPOS Payment Solution), today signed an MoU to promote cashless payments in Vietnam. Together, Visa and NextPay aim to strengthen the network of merchants that accept digital payments in Vietnam and expedite the application of innovative technologies and payment platforms globally.
securing the countrys digital payments future

Securing the country’s digital payments future

As Vietnam heads towards a cashless economy, security issues around the digital payments system need to be addressed to accelerate cashless transactions.
regulatory sandbox the key to fintech success

Regulatory sandbox: the key to fintech success

After a rapid development over the past few years, the Vietnamese fintech startup ecosystem is now home to more than 150 companies and brands, covering a broad range of services from digital payments and alternative finance to wealth management and blockchain.  
chip tech to support e pay ecosystem

Chip tech to support e-pay ecosystem

Vietnam aims to complete its contactless card migration by 2021, leveraging joint efforts between the government and other stakeholders, with particular support from leading digital payment organisations.
vietnams booming fintech funding on singapores heels

Vietnam’s booming fintech funding on Singapore’s heels

Vietnamese financial technology startups are quickly catching up with Singapore in attracting Southeast Asian venture capital funding, according to the Japan-based Nikkei Asian Review.
fintech could hold key to reducing cash reliance in vietnam

Fintech could hold key to reducing cash reliance in Vietnam

Fintech companies could hold the key to driving last mile adoption of digital payments and unlocking Southeast Asia’s vast cash displacement opportunity, according to Visa, the world’s leader in digital payments.
danangs economy can earn 72 million a year from digital payments

Danang's economy can earn $72 million a year from digital payments

Visa, the world’s leader in digital payments, has announced that the increased use of digital payments has the potential to add $72 million to Danang’s economy annually.
opening way for digital payments

Opening way for digital payments

With the meteoric rise of non-cash payments in Vietnam, more and more banks and financial institutions are turning towards digital, subscribing to software providers like OpenWay that are working to unite the market – under their own name.
building a digital ecosystem for non cash payment

Building a digital ecosystem for non-cash payment

Non-cash payment has been developing sharply in Vietnam recently, and building a digital payment ecosystem is becoming essential to accommodate further growth.