Vietnam aims to create mobile money sandbox for telecom firms

Vietnam aims to create mobile money sandbox for telecom firms

Photo by Luis Villasmil on Unsplash

The Vietnamese government aims to create a mobile money sandbox for telecom businesses in a bid to boost non-cash payments in the country, according to local media reports.

The scheme, which is pending for approval from the relevant ministries, will permit telecom firms to pilot a mobile money service not linked to consumers’ bank accounts.

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