Mobile Money usage falls short

Mobile Money usage falls short

After one year of trial operation, the results of Mobile Money services fell below expectations owing to a number of factors, including customer hesitation and legal impediments.
Measures proposed to accelerate Mobile Money service deployment

Measures proposed to accelerate Mobile Money service deployment

Telcos are proposing diverse measures to boost the headcount of Mobile Money service users, accelerating the journey to cashless payments across the country.
Encouraging results with Mobile Money deployment

Encouraging results with Mobile Money deployment

Le Anh Dung, deputy director of the Payment Department under the State Bank of Vietnam, noted that the Mobile Money service has grown positively.
Obstacles stand in way of mobile money

Obstacles stand in way of mobile money

Mobile money (MM) has not gained much popularity in the country among mobile phone users due to several shortcomings.
How mobile money services operate

How mobile money services operate

At the most basic level, mobile money is the provision of financial services through a mobile device, and the used applications are typically small pieces of software embedded on a SIM card or available over a mobile network.
Viettel to launch mobile money service

Viettel to launch mobile money service

Viettel is the last Vietnamese telecom giant to join the mobile money race.
VNPT to launch mobile money through VinaPhone subscriptions

VNPT to launch mobile money through VinaPhone subscriptions

Vietnam Posts and Telecommunications Group (VNPT) has officially announced the pilot deployment of mobile money service across the country on November 25.
MobiFone to be first ICT operator licensed to deploy mobile money in Vietnam

MobiFone to be first ICT operator licensed to deploy mobile money in Vietnam

MobiFone is the first local telecommunications operator to be granted permission to trial mobile money services across the country until November 2023.
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.
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