Business

Southern province promotes cashless payment trend

The People's Committee of Dau Tieng district in the southern province of Binh Duong plans to establish a pilot project that uses cashless payments at traditional markets, grocery stores and other businesses.
Southern province promotes cashless payment trend ảnh 1A customer pays via QR code in Binh Duong province. (Photo: VNA)
Binh Duong (VNA) - The People's Committee of Dau Tieng district inthe southern province of Binh Duong plans to establish a pilot project that usescashless payments at traditional markets, grocery stores and other businesses.

Dau Tieng is located at between Ho Chi Minh City and the provinces of Tay Ninhand Binh Phuoc and has Dau Tieng Lake, a place that attracts many tourists.

The plan of Dau Tieng district aims to promote the implementation of digitaltransformation and digital payment, and promote local businesses andenterprises to use digital platforms to make non-cash payments, which wouldprovide convenience in payment for tourists.

Non-cash payment methods include QR code, internet banking, Mobile Web Paymentand cards.

By the end of 2022, Binh Duong strived to achieve 50% of schools, educationalinstitutions, hospitals and medical facilities using non-cash payment methods.

Up to now, Binh Duong is one of the localities where consumers can use modernpayment methods to pay for online transactions as well as at stores, schools,hospitals, administrative services and shopping centers.

Cashless payment and transaction channels are increasingly popular in BinhDuong, with commercial banks, e-wallets and fintech companies promoting theapplication of technology for online payments.

Many customers now choose cashless payments, the most popular being a paymentcard, followed by scanning a QR code and transferring money.

Card payment sales at many goods and service suppliers have also increasedsignificantly. Commercial banks and e-wallet companies in Binh Duong said thatcashless transactions are even more popular now than during the COVID-19pandemic.

Enterprises are ready for infrastructure with low investment costs that bringconvenience to people. The outstanding method that meets the above factors andis likely to explode next year is paying via QR codes.

Customers can open banking applications or e-wallets to choose a source ofmoney to scan the code and make payments./.
VNA
#Binh Duong #cashless payment #Dau Tieng district #non-cash payments #QR code #internet banking #online payments #updated Vietnam news #Vietnamplus #Vietnam News Agency Binh Duong
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