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non-cash payments
Update news non-cash payments
Non-cash payments to change status of digital economy
From Q1 2021 to Q1 2022, the number of online transactions in Vietnam increased twofold, and transaction value increased by three times. These are important factors that help develop the digital economy.
Vietnamese take increasingly to cashless payments
Non-cash payments have increased sharply, especially through mobile devices and the internet, according to the State Bank of Vietnam.
Cash habit, poor infrastructure prevent to non-cash economy in Vietnam
While non-cash payments are admittedly on the rise, the cash payment habit and limited development of technology infrastructure are big problems for the country’s non-cash economy, experts have said.
