thai chinese firms tie up in cross border payment

Thai, Chinese firms tie up in cross-border payment

TrueMoney, a leading fintech company in Thailand, has partnered with Ant Group of China to launch cross-border mobile payments between Thailand and China, allowing Thai tourists to use TrueMoney e-wallet to make payments to tens of millions of merchants in China.
fintech groups and banks linking up for new payment partnerships

Fintech groups and banks linking up for new payment partnerships

Vietnam’s payment fintech landscape is witnessing a surge in partnerships between foreign giants like Apple Pay and local banks, while local payment apps are teaming up with international firms, signalling promising growth prospects for the digital payment sector.
momo dominates vietnams e wallet market with 68 per cent share

MoMo dominates Vietnam's e-wallet market with 68 per cent share

The cashless payment landscape in Vietnam is experiencing a surge of activity, with MoMo emerging as the dominant player in the e-wallet sector. Positioned at the forefront of this dynamic market, MoMo has solidified its position as the go-to choice for Vietnamese consumers seeking convenient and secure digital transactions.
fintech enterprises deploying innovative e wallet initiatives to capture fair share

Fintech enterprises deploying innovative e-wallet initiatives to capture fair share

A wide variety of innovative payment systems are expected to assist Vietnam in moving closer to its objective of achieving financial inclusion and a cashless society in the not-too-distant future. However, there will be fierce competition.
grab integrates zalopay into its super app platform

Grab integrates ZaloPay into its super app platform

Grab has teamed up with Vietnamese e-wallet ZaloPay to expand the selection of payment options on its super app platform.
bnpl products come to aid of consumers

BNPL products come to aid of consumers

The adoption of short-term financing by consumers continues to grow in Vietnam as local and foreign financial companies gear up to meet the soaring demand.
cashless payments take over the streets

Cashless payments take over the streets

Cashless payments made through scanning QR codes or other online payment methods at grocery stores or roadside eateries are becoming a bigger habit of many Vietnamese consumers.
sbv combats illegal gambling and betting activities through e wallets

SBV combats illegal gambling and betting activities through e-wallets

The State Bank of Vietnam (SBV) is intensifying investigations to fight against illegal gamblings via e-wallets, following recent media reports covering allegations related to MoMo's e-wallet.
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.
online payments via e wallets on the rise

Online payments via e-wallets on the rise

Gaining momentum through four social distancing periods, e-wallet payments, along with e-commerce continue to thrive in the new normal.
viettel touch down turns around lives in burundi

Viettel touch-down turns around lives in Burundi

From a life without the lights of civilisation, Burundians can now call, text, use the internet cheaply as well as make payments via e-wallets.
m service becomes vietnams latest unicorn with valuation of more than 2 billion

M-Service becomes Vietnam's latest unicorn with valuation of more than $2 billion

M-Service JSC, the parent firm of Vietnam-based e-wallet MoMo, has just become the country's latest unicorn with a valuation of more than $2 billion in its Series E round after securing around $200 million from a consortium of investors led by Mizuho Bank.
mizuho bank to invest 170 million and acquire 75 per cent stake in m service

Mizuho Bank to invest $170 million and acquire 7.5 per cent stake in M-Service

Japanese megabank Mizuho Bank is reported to invest around $170 million to acquire a 7.5 per cent stake in M-Service, the company behind e-wallet MoMo.
vnpay e wallet reduces burdens during pandemic with stellar refunds on utilities bills

VNPAY e-wallet reduces burdens during pandemic with stellar refunds on utilities bills

Consumers need no longer worry about paying their monthly electricity and water bills as VNPAY e-wallet offers instant payment with a 50 per cent refund of up to VND50,000 ($2.20) for new consumers making bill payments on the app from September 15 to 17.
modern parents teach children how to use technology to manage spending

Modern parents teach children how to use technology to manage spending

Parents are taking advantage of technology to help their children learn to manage spending and save more.