In recent years, Vietnam has witnessed a significant shift towards cashless transactions, driven by technological advancements and changing consumer behaviors. This transformation is reshaping the financial landscape and offering numerous benefits to both consumers and businesses.

The adoption of digital payment methods, such as mobile wallets, online banking, and contactless cards, has surged. Companies like MoMo, ZaloPay, and ViettelPay are leading the charge, providing convenient and secure payment solutions. The government’s push for a cashless society, coupled with the increasing penetration of smartphones and internet access, has accelerated this trend. Read more