MoMo E-wallet Serves As A Payment Channel For National Public Service Portal

MoMo e-wallet has been chosen as one of the payment channels for the newly-launched national public service portal dichvucong.gov.vn.

The portal, an electronic platform to connect the government with people and enterprises, opened on Monday after nine months of construction. It is estimated to help the State save VND4.2 trillion (US$180 million) per year.

Besides MoMo e-wallet, VNPT Pay, Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank), Vietnam Joint Stock Commercial Bank for Foreign Trade of Vietnam ( Vietcombank) and National Payment Corporation of Vietnam (NAPAS) also acted as payment channels of the portal.

Currently, the portal is piloting online payment for some public services including changing driver’s licence, re-granting health insurance card due to loss or damage and registering for low-voltage power supply service.

Nguyen Ba Diep, vice President of Online Mobile Services Joint Stock Company, the provider of MoMo E-wallet, said: “The launch of the portal will boost the e-government development of Vietnam and provide better services for people and businesses, in the country.

“In the initial time, Momo will exempt service fees to encourage people to use the service on the portal. In the long run, Momo will create non-cash habit in Vietnam.”

MoMo e-wallet is a pioneer e-wallet that actively cooperates with localities to carry out electronic payment under the government’s direction of promoting cashless payment since February.

Since April, MoMo Wallet was also selected as a unit of e-payment to turn the coastal city of Da Nang into a smart city. Most recently, Khanh Hoa was the second province to cooperate with MoMo to apply e-payments for the province’s public administrative services.

http://bizhub.vn/tech/momo-e-wallet-serves-as-a-payment-channel-for-national-public-service-portal_311715.html

 

Category: Finance, Vietnam

Print This Post

RECENT NEWS

Reference Exchange Rate Down 5 VND On August 27

Intellasia East Asia News The State Bank of Vietnam set the daily reference exchange rate at 23,208 VND per USD on Aug... Read more

VietCapital Bank Submits To Issue 38m Shares

Intellasia East Asia News Viet Capital Commercial Joint Stock Bank (Viet Capital Bank) (UPCoM: BVB) had just released ... Read more

Payment Via Mobile Banking Increases By Nearly 180pct In H1

Intellasia East Asia News Sharing at the workshop on “Promoting non-cash payments in businesses” held by Dien dan ... Read more

Banks Heat Up Digital Transformation Race

Intellasia East Asia News The 4.0 Industrial Revolution is making a comprehensive change to the way of providing produ... Read more

Outlining Deep Scrutiny Of HSBC Vietnam Bond Activity

Intellasia East Asia News Vietnam’s corporate bond market presents a good channel for capital mobilisation, even if ... Read more

VIB Prepares For The Unusual General Meeting Of Shareholders

Intellasia East Asia News The Board of directors of International Commercial Bank (VIB) has just announced a resolutio... Read more