Vietnam's VNPAY seeks alliances with local banks to ride digital payments wave

Photo: VNPAY

Retired professional Nguyen Xuan To did not see any use for mobile banking. After all, he could simply go to an ATM anytime and withdraw cash. But that was before COVID-19 struck home.   

The pandemic and a subsequent lockdown in Vietnam has pushed To and other digital laggards in the country into embracing mobile banking services. 

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter