Mobile Money increases the access and use of financial services, especially in rural, mountainous, remote, border and islands of Việt Nam. — Photo viettelstore.vn HÀ NỘI — The total number of customers registering for and using the Mobile Money service reached more than 1.1 million by the end of March. Of which, …
Read More »Regulatory sandbox still absent in Việt Nam
The scope of the pilot mechanism is also very narrow, only applicable to a specific type of product or service such as taxi apps and mobile money. — Photo courtesy of Viettel HÀ NỘI — A regulatory sandbox is still absent in Việt Nam, although this concept has been talked about for years. Such …
Read More »VN moves towards cashless society
A person uses a smartphone to make a money transfer. The COVID-19 pandemic is providing a significant opportunity for accelerating cashless payment in Việt Nam. — VNA/VnExpress News Photo HÀ NỘI — An ecosystem for cashless payment is essential for Việt Nam to encourage people to switch from cards to contactless and digital payment, an …
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