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.
Digital economy to make up 20 per cent of GDP in Vietnam by 2025

Digital economy to make up 20 per cent of GDP in Vietnam by 2025

Vietnam set the goal of boosting its digital economy to account for 20 per cent of its GDP by 2025.
A “cashless Vietnam” is coming

A “cashless Vietnam” is coming

Winnie Wong, country manager for Vietnam, Cambodia, and Laos at Mastercard, shared how it can enhance cashless experience and enable safe digital solutions.
Vietnam set to reach mobile wallet penetration of nearly 55 per cent by 2025

Vietnam set to reach mobile wallet penetration of nearly 55 per cent by 2025

Vietnam is set to see rapid expansion in terms of mobile wallet usage with mobile wallet penetration to reach nearly 55 per cent by 2025.
Visa and Moca team up to accelerate online shopping and digital payments

Visa and Moca team up to accelerate online shopping and digital payments

Visa and Moca will encourage consumers to save their Visa payment card-on-file to make fast, convenient, and secure online payments on Grab and other platforms.
Latching onto a payment model to fit all news tastes

Latching onto a payment model to fit all news tastes

Following in the footsteps of popular giants in the traditional press world, Vietnamese media groups are more keen to examine the prospects of new models that would charge readers for content online.
Visa partners Sacombank to launch Business Reporting, an SME spend management tool

Visa partners Sacombank to launch Business Reporting, an SME spend management tool

Visa teamed up with Sacombank to provide SMEs in Vietnam with Business Reporting, an enhanced spend management tool designed to manage business expenses.
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.
Vietnam faces a possible gap in financial accessibility and awareness

Vietnam faces a possible gap in financial accessibility and awareness

Despite Vietnam's 70 per cent adult population having a bank account, a new global research shows possible gaps in financial accessibility and awareness.
VNPAY-POS – an “all-in-one” payment solution

VNPAY-POS – an “all-in-one” payment solution 2

VNPAY-POS offers a comprehensive suite of sales management features of a payment solution, optimising operation process and improving business efficiency.
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.
South Korean payment processor BC Card acquires 100 per cent stake of Wirecard Vietnam

South Korean payment processor BC Card acquires 100 per cent stake of Wirecard Vietnam

South Korean credit card issuer BC Card has wholly acquired Vietnamese terminal firm Wirecard Vietnam as part of its Southeast Asian expansion strategy.
VNLIFE – parent company of VNPAY – aims to bag $200 million in next fundraising round

VNLIFE – parent company of VNPAY – aims to bag $200 million in next fundraising round

VNLIFE, the parent company of VNPAY, is reported to secure $200 million in its next fundraising round taking place next month.
Mastercard survey reflects Asia-Pacific consumer sentiment for new payment methods

Mastercard survey reflects Asia-Pacific consumer sentiment for new payment methods

Enthusiasm for payment technologies has accelerated in the Asia-Pacific, with the vast majority of people considering emerging payment methods.
Four new payment intermediaries licensed in Vietnam since 2021

Four new payment intermediaries licensed in Vietnam since 2021

From the beginning of the year, the SBV licensed four non-bank payment intermediaries, showing the increasing demand by local firms to join the fintech rush.
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