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Discover all the payments and fintech-related news and analysis about Vietnam in The Paypers News, Reports, along with other Vietnam-specific insights on the payments and fintech industry:

Discover all the payments and fintech-related news and analysis about Vietnam in The Paypers News, Reports, along with other

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Vietnam-based Timo partners with Mambu

News | Online & Mobile Banking | 12 Aug 2021

Vietnam-based digital bank Timo has partnered with SaaS banking platform Mambu to leverage the benefits of a cloud native core banking platform to scale its business, according to ffnews.com.

partnership, digital banking, financial services

VietinBank, Vietnam Airlines, JCB to launch credit card

News | Cards | 02 Dec 2019

VietinBank, Vietnam Airlines, and JCB International have announced the launch of VietinBank JCB Ultimate Vietnam Airlines Credit Card in Vietnam. 

Vietinbank, Vietnam Airlines, JCB, credit card

Vietnam sets up ecommerce platform for high-quality goods

News | Ecommerce | 22 Jan 2021

The Business Association of High Quality Vietnamese Products and Digital Transformation for SMEs Group has launched an ecommerce platform to sell products designated as 'high-quality'.

Business Association of High Quality Vietnamese Products, Digital Transformation for SMEs Group, Vietnam, Tet, ecommerce, high quality goods, luxury goods, online shopping, Asia, APAC

National Commercial Bank of Vietnam implements Compass Plus' TranzAxis system

News | Online & Mobile Banking | 28 Apr 2021

Vietnam-based National Commercial Bank (NCB) has migrated its in-house processing centre to TranzAxis, an open development payments platform, from Compass Plus

partnership, retail banking, banks, debit card, Visa

Mio raises USD 8 mln in Series A funding round

News | Ecommerce | 18 Jan 2022

Vietnam-based social commerce platform Mio has secured USD 8 mln in Series A funding to expand its fulfilment centre footprint and improve logistics and supply chain capabilities.

ecommerce, investment, financial inclusion, delivery, retail, expansion

Visa, Nexttech Group partner to promote digital payments adoption in Vietnam

News | Ecommerce | 05 Nov 2020

Vietnam-based digital commerce firm Nexttech Group has signed a three-year partnership with Visa to promote the adoption of digital payments among small businesses in Vietnam.

Visa, Nexttech Group, Vietnam, Asia, partnership, social commerce, ecommerce, digital payments, online payments, Payment Link

LOTTE Finance and OpenWay introduce new BNPL service to Vietnam

News | Ecommerce | 21 Oct 2021

LOTTE Finance Vietnam, a subsidiary of LOTTE Card, one of the credit card companies in South Korea, has launched a Buy Now, Pay Later (BNPL) service to enhance the online shopping experience of Vietnamese consumers. 

BNPL, ecommerce, merchants, marketplace

Vietnam's ecommerce market to surpass USD 17 billion in 2023

News | Ecommerce | 09 Mar 2020

The Vietnamese ecommerce market is projected to grow at a compound annual growth rate (CAGR) of 16.3% from USD 9.4 billion in 2019 to USD 17.3 billion in 2023, according to GlobalData.

GlobalData, Vietnam. ecommerce, Momo, PayPal, merchants, mobile wallets, PayPal, study, cash

Wirex launches in Vietnam

News | Cryptocurrencies | 08 Oct 2021

UK-based digital payment platform Wirex has launched its crypto platform in Vietnam, expanding its X-Accounts service in 81 countries.

product launch, cryptocurrency, blockchain, DeFi, Wirex

Episode Six partners with Galaxy FinX

News | Online & Mobile Banking | 17 Jun 2022

Episode Six, a payment and banking infrastructure provider, has partnered with Galaxy FinX, a Vietnam-based new fintech builder that is re-shaping the future of money and banking in the country.

product launch, payments , partnership, online banking, digital banking

Visa and VNPAY to accelerate digital payments in Vietnam

News | Payments General | 24 Feb 2022

Visa has partnered with Vietnam-based fintech VNPAY to augment the digital payment experience in Vietnam.

Visa, cashless, digital payments, digitalisation, partnership

Tien Phong Commercial Joint Stock Bank accelerates digital transformation with Backbase

News | Online & Mobile Banking | 11 Sep 2020

Vietnam’s Tien Phong Commercial Joint Stock Bank (TPBank) has accelerated their digital transformation with Backbase, a digital-first banking platform, to transform the bank’s traditional products, services and core banking system. 

Tien Phong Commercial Joint Stock Bank, digital transformation, Backbase

AppotaPay receives payment intermediary license from the State Bank of Vietnam

News | Online Payments | 14 Oct 2020

Vietnam-based online payment portal AppotaPay has announced that it has received a payment intermediary license from the State Bank of Vietnam.

AppotaPay, Vietnam, payments licence, payments , digital wallet, e-wallet, payment gateway

JCB, Mcredit unveil the Mcredit JCB Credit Card in Vietnam

News | Cards | 17 Aug 2020

MB SHINSEI Finance Limited Liability Company (Mcredit) and JCB International have announced the launch of the Mcredit JCB Credit Card.

JCB, Mcredit, launch, Mcredit JCB Credit Card, Vietnam, cards, merchants, card holders, withdrawal

UnionPay rolls out virtual cards in Vietnam for the first time

News | Cards | 22 Jan 2021

UnionPay International (UPI) has partnered with the Military Commercial Joint Stock Bank (Military Bank) in Vietnam to issue 600,000 virtual cards supporting online and QR code payment.

UnionPay International, Military Commercial Joint Stock Ban, business partnership, Vietnam, virtual cards, QR code payment, cards, merchants, e-wallet, mobile wallets

Rikkei Finance raises USD 5.6 mln in funding

News | Cryptocurrencies | 01 Jun 2021

Vietnam-based DeFi startup Rikkei Finance has announced raising initial funding of USD 5.6 million.

DeFi, startup, funding, digital assets, fintech

HDBank, Contour Network to assist with LC issuance in Vietnam

News | Payments General | 07 May 2020

Vietnamese-based financial institution HDBank has joined Contour, an open trade finance network, to extend trade financing to more corporates.

HDBank, Contour Network, letter of credit, open trade finance network, blockchain

Vietnam postpones mandatory e-invoice implementation

News | E-invoicing, SCF & E-procurement | 30 Oct 2020

Vietnam has postponed the implementation of electronic invoices until 1 July 2022, following Decree 123/2020/ND-CP (Decree 123) guiding the implementation of invoices.

Vietnam, e-invoices, Decree 123, SCF, supply chain finance, invoice finance, electronic invoicing

GlobalData forecasts a 24.1% card payments increase in 2022 for Vietnam

News | Cards | 25 Jan 2022

Data and analytics company GlobalData has forecasted that the card payments market in Vietnam will register a 24.1% growth in 2022, after being affected by the COVID-19 pandemic.

GlobalData, research, growth markets, digital payments, debit card, credit card, cashless

TPBank, JCB to issue credit cards in Vietnam

News | Cards | 25 Mar 2021

Tien Phong Commercial Joint Stock Bank (TPBank) and JCB International have announced the launch of TPBank JCB credit card.

banks, credit card, product launch, merchants, partnership