Customers of seven banks, including Vietinbank, BIDV, Vietcombank, Sacombank, TPBank, BVBank and Nam A Bank, can now scan LaoQR codes to make payments in Laos.
The National Payment Corporation of Việt Nam (NAPAS) will expand its cross-border QR payment services with countries including China, Japan and the Republic of Korea in 2025.
Amid increasingly fierce competition in the digital payments sector, e-wallets are facing significant challenges to maintain their long-term viability.
SBV''s deputy governor Phạm Tiến Dũng said as the number of customers and transactions increases, the rising complexity poses many challenges for managing and ensuring security in the payment industry.
No longer having to worry about exchanging currency or bringing cash when going to Cambodia for travel or work, Vietnamese people can now make QR code payments via Sacombank Pay app quickly and safely at payment acceptance points in the country.
Việt Nam and Cambodia have officially launched a bilateral cross-border QR payment link, allowing their peoples to scan QR codes to make payments in each other’s country using their local currency.
The effort to tighten the management on the origin of agricultural and food products has paid off with many products seeing stable sales and gaining the trust of consumers living in the capital city and surrounding areas.
SmartPay and Mastercard have announced the expansion of their strategic partnership to implement a digital payment service via Mastercard QR code in Viet Nam.
MoMo has rolled out a promotion for businesses and users who receive money by QR code with prizes of up to VND10 billion (US$402,290) from now until December 7.
Despite having no small cash in his pocket, Hoàng Dương can still pay for his cup of tea to a vendor in Quán Thánh street, Hà Nội, by scanning a QR code from his smartphone even though the cost is only VNĐ3,000 (US$0.13).