Series of Cashless Day 2024 events launched

by NDO29 May 2024 Last updated at 22:58 PM

VTV.vn - The Payment Department under the State Bank of Vietnam in coordination with Tuoi Tre (Youth) Newspaper held a press conference in Ho Chi Minh City on May 28 to announce a series of Cashless Day 2024 events.

The theme for Cashless Day 2024 is "Promoting safe and secure non-cash payments."

Cashless Day on June 16, an annual event started in 2019, is organised by the Payment Department and Tuoi Tre (Youth) Newspaper.

A conference on enhancing the security and safety of cashless payments will be held on June 14.

According to Deputy Director of the Payment Department Le Anh Dung, there are 182 million personal payment accounts in Vietnam as of the end of 2023, with 87.08% of adults owning payment accounts. More than 147 million banking cards are in circulation and 32.77 million e-wallets are active.

Payments conducted via the internet and mobile banking increased by 52%and 103.3% in the 2021-23 period, respectively. Payments via QR Code jumped by 170%.

In the first four months of this year, cashless payments rose 57.11% in volume and 39.59% in value over the same period last year, while transactions via ATMs dropped by 14.15% in volume and 7.84% in value.

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