With many outstanding advantages, the reception of users, the connection among banks, businesses and state policies has helped QR Pay be trusted. Therefore, QR Pay is expected to become an alternative payment solution for the spending habits of Vietnamese people in the future.
According to the latest statistics, after more than two years of implementation, QR Pay payment solution has recorded more than three million transactions and user growth rate per month has reached over 30 percent. There have been more than 20,000 points of acceptance of VNPAY-QR code frequently generating transactions.
Especially, QR Pay covers all areas from dining, shopping, supermarket, taxi, bus, electricity payment, television and Internet. The above figures show a positive signal for the future of QR Pay’s developmentThe promising payment solution plays a crucial role in the process of targeting the “non-cash consumer society” of the government.
It only takes a few seconds from the time of handing out the phone, opening the banking application, scanning VNPAY codeQR and then authenticating the payment by fingerprint, Nguyet (office worker in Hanoi) has finished paying the taxi fare.
“If I used cash or a bankcard to pay for it, I would spend a lot of time on opening my wallet, paying and waiting for it, or scanning the card and waiting for the bill to be signed. With QR Pay, I take the initiative payment, fast and convenient, “said Nguyet.
Currently, QR Pay is gradually going into life, popular as a modern and convenient payment style in the 4.0 era of a part of Vietnamese peopleespecially young customers living in the big city.
Nghia is the final year student of a design school in HCM City. With minimalist fashion clothes, he does not want to carry a thick wallet. He quickly chooses to pay QR Pay on the phone as his optimal alternative. When going to coffee, to eat and drink with friends or go shopping, you just need to use the phone, scan the code. “Very fast and very stylish” Nghia said interestingly.
The outstanding advantage of QR Pay compared to many other forms of mobile payment today is: Built-in banking application, users do not need to download more applications, link cards, or have to transfer money back and forth for payment. Payment by QR Pay is also considered to be safer and more secure. That helps customers completely master the payment process on their mobile, no need to provide account numbers and card numbers to anyone or leave on the website when shopping online.
Mixing with the flow of the development of electronic payment technology worldwide, the popularity of mobile phones, 4G5G waves in recent years, the payment habits of Vietnamese people are gradually changing. “Booming” in mobile payment in general and QR Code payment in particular promises to help Vietnam become a “bright spot” in this area in the region and around the world in the near future.
