VietNamNet Bridge - The simple procedures required for remittance and payment transactions have sparked doubt about the security of e-wallets.

At least 1.3 million e-transactions are processed through NAPAS, the national payment system, and commerce banks, on average, each day, according to a report.

VietNamNet Bridge - More than 20 e-wallets have been jostling for market share in Vietnam, which is believed to be a potential market. However, it is not easy to find users.

VietNamNet Bridge - While Vietnamese banks are trying to collect fee from clients, e-wallet service providers are not charging fees, or collecting low fees to lure more users, analysts say.

VietNamNet Bridge - As commercial banks have increased Internet Banking, Mobile Banking and cash withdrawal service fees, clients have shifted to use e-wallets which are convenient and free.

VietNamNet Bridge - Two of China’s biggest e-wallets have joined the mobile payment market in Vietnam.

E-wallets have been changing, struggling to exist among stiff competition. No e-wallet dominates the market, with many of them designed to serve specific ecosystems targeted by investors.

VietNamNet Bridge - Momo, Tiki and many other technology startups still can call for millions of dollars worth of capital, even though they continuously take losses. Why?