Vietnam already has 58 million e-wallets, opening a mechanism to end the financial switching monopoly
Currently, the country has 50 payment intermediaries, including 48 organizations providing e-wallet services.
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- Jul 18
Competitive pressure of e-wallet market - Expected market share shift after Moca's Exit
The e-wallet market is expected to face fierce competitive pressures in the upcoming time.
- Jun 28
Vietnam's payment landscape is witnessing a heated battle between e-wallets, VietQR, and bank apps
Around 45 licensed e-wallets operate in Vietnam, with 36.23 million active users by the end of 2023, representing 63.23 percent
- Apr 27, 2023
E-wallet market "explodes" & the race of "burning money" of e-wallet giants
The Vietnamese market is witnessing fierce competition from more than 40 e-wallets and is considered to be in a booming phase
- Jul 6, 2022
Vietnamese e-wallet market and the fierce war for market share
As of 09.05.2022, there were 48 non-banking organizations licensed to provide payment intermediary services, 90 thousand QR payment points
- Jan 9, 2022
Leading brands in e-wallet and mobile payment in Vietnam
The rate of use of e-wallets in Vietnam in 2020 is nearly 20%, which means about 80% of people still use cash for transactions in daily life
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