Mobile money to be officially launched from October

Mobile money to be officially launched from October

Minister of Information and Communications Nguyen Manh Hung has just announced that mobile money would be launched in October.
Mobile money to bridge service divide

Mobile money to bridge service divide

While telecommunications firms keep a wait-and-see stance on SMS service charge reductions despite mounting worries from banks. the forthcoming adoption of mobile money from some state-run groups is expected to bridge the gap between urban and rural areas in convenient cashless payments.
Mobile money attempts to topple classic banking

Mobile money attempts to topple classic banking

The newly-launched mobile money pilot programme is expected to heat up competition for domestic players but also open collaboration opportunities to cash in on the niche market.
Benefits, challenges of mobile money (Infographics)

Benefits, challenges of mobile money (Infographics)

Mobile money services promote non-cash payments and help the poor living in mountainous and remote areas access services on the internet, according to the Ministry of Information and Communications.
Mobile money services step into limelight for unbanked

Mobile money services step into limelight for unbanked

Vietnamese telecom behemoths are gearing up to offer seamless mobile money services to tap into the lucrative contactless payment industry in Vietnam, with major focus on non-banked and underbanked mobile subscribers in remote areas.
Viettel ready to provide Mobile Money service to all customers

Viettel ready to provide Mobile Money service to all customers

In line with the PM's approval of the two-year trial, Viettel is ready to roll out the new service for its customers.
Prime Minister approves Mobile Money pilot programme for two years

Prime Minister approves Mobile Money pilot programme for two years

The PM has approved the pilot of Mobile Money, allowing the use of mobile phone accounts to pay for small-value goods and services from March 9, 2021.
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.