Presently, many e-wallet providers in Vietnam advise consumers to switch to e-trading to minimize touching cash since this kind of money might contain viruses to harm their health. Not only safer, e-wallets like Zalopay, MoMo, or Moca are also running 30-to-50-percent discounting programs in certain partner shops. Ms. Ha Nguyen, living in District 10 of Ho Chi Minh City, shared that she has already installed the app for Internet banking and e-wallet on her mobile phone but has not preferred it. In this time of Covid-19 outbreak and with the offering of lucrative programs from e-wallet providers, around 70 percent of her payment is via this online method. Statistics from certain e-wallet companies reveal that after this Lunar New Year, transactions using this method doubled, and purchases using barcode scanning increased 100 percent compared to the time before Tet holiday. Particularly, in the first two weeks of this February, there were hundreds of food and goods orders via apps like GoViet, Grabfood, and Gofood compared to the time before the Covid-19 outbreak. Taking part in the e-payment promotion campaign are major banks located in Vietnam. Understanding the normal tendency of bank users transferring their money into their saving accounts at… Read full this story
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