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About Vietnam e Payments and Mobile e Wallets Q1 2019
This document provides an overview and analysis of non-cash payment methods in Vietnam in Q1 2019. It finds that about half of respondents had used non-cash payment methods in the past 3 months, with 30% using e-payments like banking apps or e-wallets. Mobile banking apps and e-wallets are gaining popularity, though many Vietnamese consumers still prefer cash due to habits, data privacy concerns, and the convenience of cash-on-delivery services. Major banks have launched their own mobile payment apps, and the government is working to develop e-payment infrastructure, but transitioning consumers away from cash remains a challenge.
Detailed Information
Author: | ['Hanh Nguyen'] |
---|---|
Publication Year: | 2021 |
Pages: | 57 |
Language: | English |
Format: | |
Price: | FREE |
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