Non-cash payments continue to grow rapidly in Vietnam, requiring a focus on ensuring payment security, heard at a recent press conference on Cashless Day 2024 held in Ho Chi Minh City. According to the Payment Department under the State Bank of Vietnam (SBV), there are 182 million personal payment accounts in Vietnam as of the end of 2023, with 87.08% of adults owning payment accounts. More than 147 million banking cards are in circulation and 32.77 million e-wallets are active. Payments conducted via the internet and mobile banking increased by 52% and 103.3% in the 2021-23 period, respectively. Payments via QR Code jumped by 170%.
Source: Vietnam News Agency
