wallets

More than 34 million e-wallets active

Monday, Aug 05, 2024

More than 34 million e-wallets were active as of June 30.

E-money only stored in e-wallets and prepaid cards

Thursday, Jul 11, 2024

Electronic money is supplied by banks, foreign bank branches or intermediary payment service providers and corresponds to the amount of money prepaid by customers.

Việt Nam among SEA markets embracing mobile wallets

Tuesday, Mar 26, 2024

Việt Nam has emerged as one of the leading Southeast Asian markets embracing mobile wallets as the preferred payment method, a trend set to drive the growth of digital finance, according to Visa, a global leader in digital payments.

Nearly 60 per cent of digital consumers in Viet Nam use fintech solutions

Tuesday, Oct 25, 2022

According to the report, this is a period when Vietnamese digital consumers use more platforms than ever before, with the dominance of the e-commerce market accounting for 51 per cent of online spending.

Viet Nam experiencing rapid growth in digital payments: Visa

Friday, Jun 03, 2022

Due to COVID-19, more than 80 per cent of people now use their cards, QR payments and mobile wallets at least once a week.

Pandemic changes spending habits in Asia Pacific

Thursday, May 06, 2021

As a result of the pandemic, 94 per cent of people in Asia Pacific region (APAC) said they will consider using at least one emerging payment method, such as QR codes, digital or mobile wallets, instalment plans, crypto currencies, biometrics...

E-wallets offer online lucky money services amid virus outbreak

Friday, Feb 05, 2021

E-wallets were gearing up to offer online lucky money services while Tet (Lunar New Year) holiday was approaching amid the third virus outbreak in Viet Nam.

E-wallet providers fighting for survival in Viet Nam

Wednesday, Dec 09, 2020

The growth of e-wallets might be good news for Viet Nam’s plans to graduate from the cash economy, but fierce competition among e-wallet providers may result in a ‘survival of the fittest’ situation.

Viet Nam to allow banks to use foreign e-wallets for international payments

Saturday, Oct 31, 2020

Under current regulations, domestic banks are only allowed to cooperate with foreign banks and international card organisations for international payments.

Southeast Asia, ‘fertile land’ for online payments, e-wallets

Wednesday, Aug 12, 2020

The obvious effects of the Covid-19 pandemic include the rapid increase in online payment services and digital banking across Southeast Asia.

E-wallet firms battle for slice of cashless payment pie

Tuesday, Aug 04, 2020

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

Threat data key to fending off future cyberattacks against banks

Friday, Jul 24, 2020

Amidst the increased use of online banking and e-wallets in the region, partly fuelled by the Covid-19 pandemic, cybersecurity experts are reminding banks and financial services in Southeast Asia to learn from the lessons of previous cyberattacks like the costly...