WHAT'S NEW

Inter-bank electronic payments: 10 times higher than GDP

by VTV416 January 2019 Last updated at 12:26 PM

VTV.vn - Non-cash payments are booming globally due to their convenience.

In Vietnam, modern payment solutions via mobile phone, QR code, and non-contact payment, which apply identification technology via biometrics are becoming more popular. In 2018, the total value of inter-bank electronic payments reached more than 10 times the country's GDP.

With the participation of banks, payment intermediaries, and service providers, mobile payments are expected to boom in the near future.

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2023-02-03 11:50 UTC

WEATHER FORECAST