Vietnamplus

The Vietnam National Petroleum Group (Petrolimex) cooperated with the global digital payment company Visa to launch contactless payment services at the former’s petrol stations across the country on May 31.

With contactless payment becoming increasingly common in Ho chi Minh City due to people’s fear of COVID-19, retail firms are investing more and more in digital infrastructure.

The COVID-19 pandemic not only creates challenges for banks, but also pushes them to foster digital transformation to survive, experts have said.

Contactless payment is becoming trendy in Vietnam thanks to the growth of technology and the country’s young population.

A contactless payment system for public transport in HCM City could save costs and increase customer satisfaction, experts said at a conference on modern payments systems for public transit on September 21.

The Government should create an ecosystem and suitable environment for new products and services as well as pioneer their use to promote the development of contactless payment methods. This could be a foundation for building e-government in Vietnam.