Viettel has successfully launched its pilot scheme for Mobile Money. (Photo: SGGP)

Mobile Money in Vietnam witnesses promising future

The approval of the Prime Minister in Decision No.316/QD-TTG on March 9, 2021 to the pilot scheme for the use of telecoms accounts to pay for small-value goods and services (Mobile Money) has attracted much interest of both experts in the fields of banking, finance, telecoms as well as the general public.

Many banks are offering free service fee for transactions via Mobile banking, Internet banking to encourage e-payment. (Photo: SGGP)

E-payment strongly encouraged in Vietnam

In the sensitive time of the Covid-19 outbreak, cash is considered a potential disease transporter in the community. To promote the habit of e-payment among the public in Vietnam, many banks and intermediary payment services are offering free transaction fee.

A buyer is paying her bill conveniently via e-wallet service at Phuong Nam Bookstore. (Photo: SGGP)

E-wallet increasingly popular in Vietnam

Thanks to their great convenience in transactions, e-wallets are growingly used in daily purchases all around Vietnam. This has led to a fierce competition among service providers, yet a wonderful chance for consumers to enjoy various benefits.

New banking of modern era: Mobile money

New banking of modern era: Mobile money

Lately, Minister of Information and Communications Nguyen Manh Hung said after the Prime Minister has given the green light to mobile money implementation, the Ministry has worked with the State Bank of Vietnam and telecommunication companies on goal orientation for payment services.


Train tickets sold via smartphones

Train tickets sold via smartphones

Vietnam Railways has just offered more methods of online payment via mobile e-wallets for buying train tickets.

Representatives of Vimo and SASCO sign an agreement on launching electronic payment services for Asian tourists when travelling into Vietnam. — (Source: ictnews.vn)

Travellers can pay by e-wallet at airport

The Vimo Technology Joint Stock Company (Vimo.vn) and Southern Airport Services Joint Stock Company (SASCO) have signed a cooperation agreement on launching electronic payment services for Asian tourists when travelling into Vietnam.