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e-wallet
Uber signs first Southeast Asian e-wallet deal with Vietnam's MoMo

Uber signs first Southeast Asian e-wallet deal with Vietnam's MoMo

The move could help the firm catch up with its main regional rival Grab, which already has its own e-wallet service.
Chinese digital wallets pick Vietnamese tax pockets

Chinese digital wallets pick Vietnamese tax pockets

Cashless services explode in Vietnam

Cashless services explode in Vietnam

Vietnam wants urban residents to pay bills without cash

Vietnam wants urban residents to pay bills without cash

The Vietnamese government wants cashless transactions made viable for all household bill payments by the end of this year. 
January 3, 2019 | 02:57 am PT
VinID acquires payment firm People Care

VinID acquires payment firm People Care

Vingroup’s loyalty program VinID has acquired local payment firm People Care, a central bank source says.
May 24, 2019 | 04:35 am PT
E-wallets Vimo and mPOS to merge

E-wallets Vimo and mPOS to merge

NextPay, formed by the merger of Hanoi-based payment startups Vimo Technology and Vietnam mPOS Technology, will raise $30 million.
June 11, 2019 | 05:59 pm PT
SBV to remove daily transaction cap for e-wallets

SBV to remove daily transaction cap for e-wallets

The State Bank of Vietnam plans to scrap the VND20 million ($856) daily transaction limit for e-wallet users, only retaining a monthly cap.
June 12, 2019 | 06:13 pm PT
E-wallet transaction limits impede e-payments: VCCI

E-wallet transaction limits impede e-payments: VCCI

Transaction limits will prevent electronic payments growth in Vietnam, says the Vietnam Chamber of Commerce and Industry.
June 27, 2019 | 07:19 pm PT
Vietnam mulls 49 percent cap on foreign ownership at e-payment firms

Vietnam mulls 49 percent cap on foreign ownership at e-payment firms

Vietnam’s central bank wants to cap foreign ownership at 49 percent for e-payment companies to foster domestic fintech enterprises.
November 6, 2019 | 07:12 pm PT
Digital payment market consolidates under big names

Digital payment market consolidates under big names

Although Vietnam has 28 licensed e-wallets, 70-90 percent of market share has shifted between six big players.
November 10, 2019 | 07:00 pm PT
Vietnam scraps plans to limit foreign ownership in e-payment firms

Vietnam scraps plans to limit foreign ownership in e-payment firms

Vietnam’s central bank has decided not to cap foreign ownership of e-payment companies at 49 percent after consulting with experts.
February 11, 2020 | 05:00 am PT
Vietjet to set up e-wallet subsidiary

Vietjet to set up e-wallet subsidiary

The Vietjet Air board has approved the setting up of an e-wallet service in which the carrier will own a 51 percent stake.
June 15, 2020 | 08:18 pm PT
Fintech firm NextPay seeks to raise $100 mln

Fintech firm NextPay seeks to raise $100 mln

E-payment company NextPay Holdings plans to raise up to $100 million in the first quarter next year via a private placement.
September 5, 2020 | 11:45 pm PT
Vietnam ranks third in ASEAN fintech funding attraction

Vietnam ranks third in ASEAN fintech funding attraction

Vietnam ranks third in attracting funding in the fintech industry with $375 million, accounting for 11 percent of the six major ASEAN economies, a report shows.
November 12, 2021 | 01:00 am PT
Japanese bank to spend $170 mln to acquire Momo stake

Japanese bank to spend $170 mln to acquire Momo stake

A Japanese bank is expected to spend $170 million to acquire 7.5 percent of M-Service, which operates Vietnamese e-wallet app Momo.
December 11, 2021 | 03:00 am PT
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