More than 34 million e-wallets active in Vietnam

More than 34 million e-wallets were active in Vietnam as of June 30, accounting for 59% of the total 58 million activated e-wallets.

According to data from the Payment Department under the State Bank of Vietnam, Vietnam had 9.13 million mobile-money accounts at the end of June.

Payment growth via a QR Code increased by 104% in quantity and approximately 100% in value in the first six months of this year compared to the same period last year.

Currently, the country has 50 payment intermediary organisations, of which 48 organisations provide e-wallet services.

According to the National Payment Corporation of Vietnam (Napas), the payment market in Vietnam had 3.5 billion non-cash payment transactions last year, with a total value of more than 66 quadrillion VND.

The number of transactions via QR Code reached about 183 million transactions, a strong growth of 170% compared to 2022.

The total transaction value via QR Code gained about 116 trillion VND, an increase of 74% compared to 2022./.