Payments for electricity bills go cashless
Vietnam Electricity (EVN) will promote electricity bill payment via digital mode of transactions in 2019.
Vietnam Electricity (EVN) will promote electricity bill payment via digital mode of transactions in 2019.(Photo: dantri.com.vn)
Hanoi (VNA) – Vietnam Electricity (EVN) will promote electricity bill payment via digital mode of transactions in 2019.
Aiming to double the number of customers using cashless payment, EVN’s members are working with the People’s Committees of cities and provinces nationwide to boost electricity charge collection via automatic debt deduction, SMS & mobile banking, internet banking and e-wallet among local agencies and state-owned firms.
EVN report shows that the group is managing more than 27 million customers, 8.35 percent of whom work for agencies and enterprises.
Right in 2005, the group carried out cashless power collection by signing agreements with BIDV, Vietcombank, Vietinbank and Agribank.
Currently, EVN is expanding cooperation with the State Treasury, all of commercial banks, and many intermediaries like ECPay, Payoo, Momo, VNPay, ZaloPay, Viettel, VNPost and Napas to facilitate payment for electricity bills.
The revenue of electricity payment from this channel has climbed over years as the number of customers going cashless rose from 14.88 percent in 2015 to 44.95 percent in 2017 and 49.45 percent in 2018. By the end of May 2019, some 52.36 percent of EVN customers paid power bills via banks and intermediaries.
Hanoi and Ho Chi Minh City are two localities with highest rates of cashless payment for electricity bills, with 81.98 percent and 91.61 percent, respectively.-VNA
You should also see
Airports to offer 9,000 domestic flights during upcoming holidays
Vietnamese airlines are expected to operate 9,000 flights on domestic routes to meet the travel demand during the upcoming National Reunification Day (April 30) and May Day (May 1) holidays, according to the Airports Corporation of Vietnam (ACV).
See more
Business
Long An, Dong Nai introduce strengths in RoK
The southern province of Long An and Dong Nai introduced their investment climate as well as socio-economic development orientations at an investment promotion conference held in the Republic of Korea (RoK) on April 26.
Business
Vietnam makes initial efforts to approach creative industries: CIEM
Vietnam has made initial efforts to approach creative industries and services, particularly a policy framework related to creative economy development, according to a new report released by the Central Institute for Economic Management (CIEM).
Business
HCM City wants to become major partner, customer of NVIDIA: Official
Chairman of the People’s Committee of Ho Chi Minh City Phan Van Mai has told the Vice President of Worldwide AI Initiative at NVIDIA, Keith Strier that the city wants to become a major and good partner and customer of the firm in Vietnam.
Business
Revenue on top five e-commerce platforms jumps 79%
The e-commerce market of Vietnam was robust in the first quarter of this year with total revenue of the top five platforms, including Shopee, TikTok Shop, Lazada, Tiki and Sendo, reaching more than 71 trillion VND (2.79 billion USD), an increase of 79% over the same period last year, according to a recent report by Metric.
Business
Vietnam needs drastic reforms to create firm ground for economic growth: experts
Drastic institutional reforms are needed to create firm ground for economic growth in the context that persistent challenges, both external and internal, still cloud the growth prospect, experts have said.
