08:34, 26/07/2022

More than 1.7 million accounts have been registered to use Mobile Money

Mobile Money service provides users with a user account attached to a mobile subscription. These accounts are similar to telecommunications accounts, but are allowed to be used to transfer money and pay for legal services and goods in Vietnam.

 

The Ministry of Information and Communications said that after the first 6 months of the year, the number of mobile subscribers using the Mobile Money service up to now has increased by 4 times compared to January 2022 (the first month of implementation). with an average monthly growth rate of about 20%.

Previously, at the end of 2021, the State Bank of Vietnam had decided to approve a trial license of Mobile Money for major carriers in Vietnam such as VNPT, MobiFone and Viettel, making Vietnam officially become a country with a rich economy on Mobile Money payment platform.

The license to pilot Mobile Money service is considered an important step in perfecting the cashless payment market in Vietnam, especially in the implementation phase of the Cashless Payment Development Scheme. Government for the period 2021-2025 and a decree replacing Decree 101/2012/ND-CP on non-cash payments.

As of June 30, 2022, there are 1.7 million registered accounts to use Mobile Money, accounting for 97.3% of total customers registering and using the service. In which, the number of Mobile Money users in rural, mountainous, remote, border and island areas accounted for 67% of the total number of customers registering and using the service.

VNPT Money provides simple, safe and convenient cashless payment methods via Mobile Money, E-Wallet, Bank Account, meeting all daily payment needs and suitable for all customers row.

Currently, VNPT Money is provided to customers via Website, Application, Web portal in 63 provinces and cities nationwide. With the belief that it will contribute to changing the payment habits of Vietnamese people in the cashless era, VNPT Money is proud to be a payment system with many unique features and utility services, helping to satisfy all needs. payment requirements in the daily life of customers.

 

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