Vietnam transitions to a cashless society
(VOVWORLD) - Visa’s Consumer Payment Attitudes Study 2023 indicates a significant rise in cashless payments, especially mobile wallet transactions, among Vietnam’s merchants.
 Consumers learn about payment services at the 2024 Cashless Day celebration (Photo: tuoitre.vn/Phuong Quyen) |
A remarkable 79% of food and dining establishments and 74% of retailers and convenience stores now accept cashless payments.
Meanwhile, Visa’s Asia Pacific Small and Medium-sized Business (SMB) Research 2023 further indicates that over 40% of SMBs in Vietnam now accept card payments, acknowledging their critical role in business operations.