Update news e-wallet

Scanning a code to pay for products and services has become popular among consumers in Vietnam’s big cities. Under the impact of the Covid-19 pandemic, non-cash payments have been growing rapidly.

“Super apps”: aspiration of Southeast Asian businesses

Southeast Asian companies are in the race to develop their own super apps. Some Internet businesses are expanding beyond their core businesses to offer services such as on-demand transportation, food delivery and telemedicine.

E-wallets need 'sandbox' to boom

There are about 40 e-wallets for 97 million people. Vietnam, a market with nearly 100 million people, a part of the Southeast Asian market with 700 million people and dominated by cash payments, is attractive to big players.


SBV combats illegal gambling and betting activities through e-wallets

The State Bank of Vietnam is intensifying investigations to fight against illegal gamblings via e-wallets, following recent media reports covering allegations related to MoMo's e-wallet.

Revenue, number of users of e-wallets double

Over the past two years, the pandemic has had a strong impact on digital transformation in general and cashless payments in particular.

Revenue, number of users of e-wallets double

Over the past two years, the pandemic has had a strong impact on digital transformation in general and cashless payments in particular.

Vietnam sees boom in e-wallet market

Vietnam records one of the highest e-payment growth rates in the world, about 35% per year.

E-wallet, QR Code favored by Vietnamese

Forms of digital payment have become more popular in Vietnam, particularly e-wallets and QR codes.

Fintechs to partner with telecom carriers to offer Mobile Money

The pilot program on providing the Mobile Money service is expected to increase non-cash transactions, especially in remote areas. To improve users' experience, fintechs should work with network operators, experts say.

Mobile Money to increase pressure on banks

The payment market is expected to see big changes with the appearance of Mobile Money.

E-wallets losing money as customers switch brands frequently

People are installing up to 10 e-wallets on their smartphones, but are only using them during sale promotion programs.

Payment with QR Code increasingly popular in Vietnam

Vietnamese are making more payments with QR Code thanks to its utility, security and promotion programs launched by service providers.

E-wallet firms battle for slice of cashless payment pie

E-wallets firms are battling for a piece of the cashless payment market amid rapid growth in the context of the COVID-19 pandemic.

E-wallet providers ask to extend deadline of verification

 E-wallet service providers want to extend the deadline for users to complete identity verification.


E-wallet users rush to verify information

The number of e-wallet users completing identity verification surged ahead of the July 7 deadline, according to e-wallet firms.


Tech firm aims to make lunchtime more convenient

Hanoi is often scorching hot at midday when Nguyen Phuong Ha is waiting for her lunch with her co-workers in a crowded restaurant.

Banking transactions, mobile payments grow sharply in Vietnam in first four months

Non-cash payments continue to boom in Vietnam this year as the country has seen a surge in banking transactions and mobile payments in the first four months of the year, according to an official from the State Bank of Vietnam (SBV).

E-wallets owners must complete the identity verification before July 7

Deputy Governor of the State Bank of Vietnam Dao Minh Tu has said July 7 is the deadline for e-wallet owners to complete the identity verification.

E-commerce a positive for VN retail sector

Despite the impact of the COVID-19 pandemic, the retail market in Vietnam in the first quarter of this year still recorded positive results from e-commerce, online shopping and delivery services.

E-wallet companies spend big money to beat rivals

‘Bleeding money’ is the strategy that all the three biggest players – MoMo, Moca and ZaloPay – have been using to gain part of e-wallet market share.