E-wallet firm MoMo launched a cashback programme on November 3 with value of up to 100,000 VND (4.30 USD) per transaction and for four transactions daily at most.

Contactless payment is becoming trendy in Vietnam thanks to the growth of technology and the country’s young population.

The number of non-cash payments in Vietnam has steeply risen so far this year.

June 16 has been chosen as “Cashless payment day”. Aiming at a non-cash payment society, many attractive promotions are offered to create a habit of not using cash for Vietnamese people.