Mobile money in line to protect remittances

Mobile money in line to protect remittances

Although global remittances are expected to see a sharp decline as the coronavirus-induced crisis continues to drag on the whole economy, Vietnam’s remittance flow is predicted to see a better outlook as overseas citizens send money back home to their relatives, particularly in the context of the upcoming adoption of mobile money services.
Mobile money regulations explained

Mobile money regulations explained

As businesses in Vietnam race to provide financial services for the unbanked and underbanked population through various fintech solutions, the Vietnamese government is closely following this industry trend and has initiated a pilot scheme for mobile money. 
Banks’ support desired for mobile payments

Banks’ support desired for mobile payments

New approaches, especially regarding activities of banks, are required to boost the reach of mobile money agents and expand financial inclusion in Vietnam.
Cashless ecosystem now on the cards

Cashless ecosystem now on the cards

As Vietnam heads towards a cashless economy and mobile technology is becoming ubiquitous, the adoption of mobile money next month is predicted to lure local and foreign firms into joining the game.
Mobile money: moving closer to official deployment

Mobile money: moving closer to official deployment 1

Mobile money will likely enter service in Vietnam from June, promoting non-cash payment among the more than 50 per cent Vietnamese population who are unbanked.
Going cashless with new mobile money solutions

Going cashless with new mobile money solutions

Forthcoming mobile money services are expected to play a crucial role in enhancing financial inclusion and promoting a cashless economy, with local technology giants like VNPT and Viettel accelerating the game.
Vietnam soon implementing mobile money

Vietnam soon implementing mobile money

The mobile money pilot programme will soon be launched, signalling the dawn of Vietnam's cashless future.
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