Passengers who buy train tickets via VNPAY e-wallet and other mobile banking applications will get a discount of 100,000 VND (4.26 USD) for each transaction worth at least 1 million VND from now until July 23.
The application of technologies in managing and operation activities has been among prioritised solutions that the Hanoi Transportation Corporation (Transerco) has rolled out to improve the quality of its public bus services over the past years.
Despite having no small cash in his pocket, Hoang Duong can still pay for his cup of tea to a vendor in Quan Thanh street, Hanoi, by scanning a QR code from his smartphone even though the cost is only 3,000 VND (0.13 USD).
Vietnam has one of the newest and most dynamic start-up scenes in Asia, and it has emerged as a hub for start-ups, according to the recently released Emerging Giants in Asia Pacific report.
Fintech and e-commerce accounted for 70 percent of total venture capital in the country last year, and this trend is predicted to continue in 2022, Dau tu (Vietnam Investment Review) reported.
Visa, the world’s leader in digital payments, and VNPAY, Vietnam’s prominent fintech company, inked a strategic partnership to enhance the digital payments experience in Vietnam during a ceremony held in Hanoi on February 23.
The COVID-19 pandemic has contributed to forming online shopping and online payment habits, a trend that is likely to continue after the pandemic, held experts.
Vietnamese financial technology startups are quickly catching up with Singapore in attracting Southeast Asian venture capital funding, according to the Japan-based Nikkei Asian Review.
Vietnam Airlines has announced that it will start to allow customers to buy tickets using QR code through the National Payment Corporation of Vietnam (NAPAS) and VNPay.
UnionPay International (UPI), a subsidiary of China UnionPay, said on June 21 that it has signed a cooperation agreement on payment by QR code with Vietnam Payment Solution Joint Stock Company (VNPAY) - the biggest QR code payment firm in Vietnam.