In the future, other providers such as Visa can sign contracts with VETC, VDTC to connect payment methods and vehicle owners can choose Visa wallets to connect payments.
Viet Nam''s population gains access to the internet and e-commerce in the 95 million-strong market is set to enter a rapid growth phase in the near future.
Fintech companies could hold the key to driving last-mile adoption of digital payments and unlocking vast cash displacement opportunity in Southeast Asia, including Viet Nam, according to Visa, a world leader in digital payments.
The Vietnamese Government should focus on promoting electronic payments and online public services together with developing the start-up ecosystem in 2019, attendees heard at a conference by the Central Institute for Economic Management (CIEM) on Tuesday in Ha Noi.
MPOS Viet Nam Technology Joint Stock Company and Malaysia’s payment service provider GHL Systems Berhad on Tuesday signed a strategic co-operation agreement on electronic payments.
Vietnamese consumers are continuing to embrace electronic payments making 38 per cent more transactions in the year ended June 2017, Visa said in a release on September 27.
Viet Nam should develop breakthrough policies to momentum for the further development of electronic payments to meet the growth of e-commerce, said Pham Nguyen Minh, director of the Institute for Trade Research and Development under the Ministry of Industry and...
Electronic payments for online transactions remained modest compared
with cash-on-delivery payments, according to a recent report of the
Ministry of Industry and Trade on e-commerce in Viet Nam.