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.
E-wallet services to facilitate online payment convenience

E-wallet services to facilitate online payment convenience

While there have been issues relating to peer-to-peer and other digital lending and e-payments solutions in Vietnam as of late, one of the most advanced areas of fintech in the country currently is the increasing use of e-wallets.
MoMo on the road of being super app

MoMo on the road of being super app

MoMo is setting sights on becoming a super app, with the first step being the recent launch of its newest feature Du lich – Di Lai (Go travelling).
AppotaPay greenlighted to provide intermediary payment services

AppotaPay greenlighted to provide intermediary payment services

AppotaPay JSC has been granted a payment intermediary service license by the SBV, making it the latest player in Vietnam's e-payment landscape.
Alternative legal bases for VieON’s lawsuit on MoMo

Alternative legal bases for VieON’s lawsuit on MoMo

VieON has filed a lawsuit against e-wallet MoMo after having its contract terminated out of the blue, but while information is thin on the ground, communications from the over-the-top platform indicate it may have chosen a legal route harder to prove.
VieON users in mire after exit of MoMo

VieON users in mire after exit of MoMo

Even as major e-wallet platforms enhance partnerships with businesses to gain a foothold in the local market, locally-invested MoMo has suddenly cancelled its contract with an over-the-top platform, raising concerns over whether the e-wallet platform is strong enough without the alliance.
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