Non-cash payments surge in Vietnam

Specifically, in the past 7 months, the total number of transactions via the interbank electronic payment system reached over 82 million transactions, up nearly 14% in transaction value compared to the same period in 2019.

The number of card payment transactions reached over 205 million transactions. The number of payment transactions via the Internet reached over 240 million transactions. In particular, the number of payment transactions via mobile phones reached more than 574 million transactions, an increase of more than 180% in value over the same period in 2019.

Commercial banks continue to carry out many online payment service fee reduction programs to support people and businesses affected by COVID-19./.