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.
HDBank won two awards from J.P Morgan Chase Bank for achieving excellent straight-through payment rates of 99.94 per cent and 99.68 per cent in MT202 and MT103. — Photo courtesy of the bank
Under current regulations, domestic banks are only allowed to cooperate with foreign banks and international card organisations for international payments.
Many economists have said that competition between e-wallets and mobile money might not happen as each payment method has different goals and market share.
The State Bank of Viet Nam has said it will not cap foreign ownership of companies in the payment services industry in its draft decree to replace Decree No.101.
The State Bank of Viet Nam (SBV) plans to lower the foreign ownership rate in the payment intermediary service sector to 49 per cent instead of leaving it unrestricted to avoid manipulation by foreign investors in the field.
Ha Noi Railway Transport JSC (HARACO) and e-wallet and online payment gateway NganLuong.vn signed an agreement on Tuesday in Ha Noi to offer online booking and payment services for railway tickets.
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.
The Government has issued a new decree to facilitate business conditions for offshore indirect investment, credit information activities and intermediary payment services under the management of the State Bank of Viet Nam (SBV).
Minister of Health Nguyen Thi Kim Tien has asked Hoan My Sai Gon Hospital in HCM City to adopt more advanced medical technologies and broaden application of IT.
HDBank has signed up MoneyGram, a global provider of money transfer and payment services, to provide its customers with quick and easy international money transfer services.