Alipay

Update news Alipay

Costly investment required to entice QR code users

E-wallet firm MoMo launched a cashback programme yesterday with value of up to VND100,000 (US$4.30) per transaction and for four transactions daily at most.

Could foreign e-wallets lead to a foreign currency drain?

Nepal on May 21 imposed a ban on transactions with Chinese e-wallets Alipay and WeChat Pay in the country. What about Vietnam?

Experts warn of the ‘yuanization’

VietNamNet Bridge - The payment activities of Chinese travelers in Vietnam cannot be controlled, which is a high risk for Vietnam, experts say.

Mobile payment market heats up with foreign players

VietNamNet Bridge - Two of China’s biggest e-wallets have joined the mobile payment market in Vietnam.

After Alibaba, Amazon to arrive in Vietnam

VietNamNet Bridge - Amazon is pursuing a two-step strategy to enter the Vietnamese e-commerce market. 

Non-cash payment programs encounter barriers

VietNamNet Bridge - The smartphone-based payment service market in Vietnam has become busy in the last six months, but Vietnam is still far from its ‘non-cash payment’ target.

What will Blockchain bring to Vietnam?

“Don’t be afraid of Alipay! With Blockchain, we may have payment portals better than Alipay for Vietnam,” the CEO of Tomo, one of the first Vietnamese startups using Blockchain as platform technology, said recently.

Will Jack Ma and Alipay make things happen in Vietnam?

VietNamNet Bridge - Alipay has changed people’s payment habits in China. Will the same thing happen in Vietnam?