e-wallets

Ensuring balance in e-payment market

May 27, 2021 | 08:00

The mobile payment market is not a game for weak businesses without effective strategies.

E-wallet groups take on losses to get ahead

May 25, 2021 | 21:16

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.

Vietnam to allow banks to use foreign e-wallets for int’l payments

November 02, 2020 | 09:09

The State Bank of Vietnam is drafting a circular regarding cashless payments which might allow domestic commercial banks and domestic intermediary payment companies to co-operate with foreign intermediary payment companies to provide international payment services.

Reflecting reality for foreign owner ratios

January 01, 2020 | 09:14

A recent draft decree from the State Bank of Vietnam raised eyebrows with its contents on ownership ratios for overseas groups when it comes to payment intermediary services.

Compliance risk blocking banks from going digital

October 10, 2019 | 16:16

While digital transformation has become an inevitable trend for development in today’s modern world, compliance risk, however, might pose remarkable hurdles to banks wishing to go digital.

E-wallets’ latest converts: HCM City street vendors

June 25, 2019 | 08:53

From morning to early afternoon Nguyen Van Chiem in HCM City’s District 1 is bustling with food vendors selling breakfast and lunch and customers coming to eat.

Transaction limits for e-wallets should be appropriate: experts

May 14, 2019 | 13:29

Transaction limits for e-wallets should be set at appropriate levels to encourage cashless payment amidst an anticipated boom of e-commerce in Vietnam, experts have said.

Bleak future for e-wallets

January 26, 2019 | 09:00

Lack of infrastructure for mobile payment makes it difficult for e-wallets to lure away cash-on-delivery customers, even with the multitude of promotion campaigns they are running as well as collaborations with other companies and banks. Kim Oanh reports.