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 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.
M-Service becomes Vietnam's 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 MoMo, has just become the country's latest unicorn with a valuation of more than $2 billion in its Series E round.
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

VNPAY e-wallet offers instant payment of electricity and water bills with a 50 per cent refund of up to VND50,000 ($2.20) for new consumers.
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.
Consumer finance in major tie-up tendency

Consumer finance in major tie-up tendency

The pandemic-triggered turbulence continues to gnaw at the consumer finance industry in Vietnam, but some players are exploring potential new approaches to the challenges, particularly from some international investors.
Four reasons to make payments with VNPAY e-wallet during the pandemic

Four reasons to make payments with VNPAY e-wallet during the pandemic

Customers are increasingly using the VNPAY e-wallet app to make daily payments and protect their health during the social distancing period and the resurgence of the COVID-19 pandemic.
More heat expected in e-wallet market

More heat expected in e-wallet market

Contactless trends reinforced by pandemic restrictions are creating a window of opportunity for more e-wallets and payment intermediaries to further expand in the digital ecosystem, as evidenced by recent comprehensive integration between partners.
Timo officially becomes strategic partner of McDonald's in Vietnam

Timo officially becomes strategic partner of McDonald's in Vietnam

Timo has announced that it has officially become a strategic partner of the world's largest fast-food restaurant chain, McDonald's, in Vietnam.
E-wallet groups take on losses to get ahead

E-wallet groups take on losses to get ahead

Despite offering more payment options and benefits like promotions to customers – which make e-wallets an attractive alternative to traditional payment methods – many of the present players are facing heavy losses in Vietnam.
VNPAY - the first e-wallet dedicated to Vietnamese families

VNPAY - the first e-wallet dedicated to Vietnamese families

VNPAY e-wallet is the first e-wallet dedicated to strengthen family bond by allowing users to create member-wallet for family, friends and loved ones.
E-wallets' promotion programmes see less appetising

E-wallets' promotion programmes see less appetising

Luring in e-wallet users by plentiful promotion activities seems to be less attractive as the payment method still occupies for a small proportion.  
MoMo announced its completion of Series D funding round

MoMo announced its completion of Series D funding round

MoMo held a successful Series D capital mobilisation, with Goodwater Capital, Kora Management, and Macquarie Capital among the largest names.
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