Vietnamese fintech start-ups mobile wallet provider Vimo Technology JSC and point-of-sale platform mPOS Technology JSC are set to merge and be rebranded as NextPay Holdings.
Việt Nam Railway (VNR) and NextTech Group signed an agreement on Tuesday in Hà Nội to offer online booking and payment services for railway tickets through e-wallet VIMO.
Foreign investors have poured into Viet Nam’s e-wallet sector as they huge growth potential in the market in the wake of the Government’s plan to reduce cash payments to below 10 per cent of the total by 2020.
The Vimo Technology Joint Stock Company (Vimo.vn) and Southern Airport Services Joint Stock Company (SASCO) haved signed a co-operation agreement on launching electronic payment services for Asian tourists when travelling into Viet Nam.
Vimo e-wallet announced it has become the first payment intermediary allowing Chinese travelers to use Wechat Pay in Vietnamese dong at shops accepting Vimo.