Cashless payment expands rapidly with e-commerce boom – EIN News


VIETNAM, July 22 –  

HÀ NỘI — Cashless payments are expanding rapidly in Hà Nôi, driven by the booming e-commerce industry, but experts say more can be done to increase digital spending.

Speaking at an event to promote paying by means other than actual cash, Lại Việt Anh, Deputy Director of the Việt Nam E-commerce and Digital Economy Agency under the Ministry of Industry an…….


VIETNAM, July 22 –  

HÀ NỘI — Cashless costs are growing quickly in Hà Nôi, pushed by the booming e-commerce enterprise, however specialists say extra Might be carried out To enhance digital spending.

Talking at an event To promote paying by means Aside from exact money, Lại Việt Anh, Deputy Director of the Việt Nam E-commerce and Digital Financial system Agency beneath the Ministry of Industry and Commerce said e-commerce was turning into An important pillar Inside The event of the digital economy.

The event, co-organised by the municipal Division of Industry and Commerce and the Việt Nam E-commerce and Digital Financial system, aimed To promote The event of e-commerce and encourage residents, enterprises, and organisations to go moneyless, Anh said.

Hà Nội has set the goal that by The prime of this yr, moneyless costs would make up for 45 per cent of e-commerce and 65 per cent of transactions on e-commerce web websites, apps with e-invoices.

As properly as, small and medium-sized enterprises, Engaged on e-commerce platforms, collectively with social networks with e-commerce buying and promoting features, would account for 45 per cent and 35 per cent would Take part in e-commerce by way of mobile apps.

The metropolis additionally wants 98 per cent of enterprises to declare and pay taxes electronically by The prime of 2022.

Cashless cost for water and Electricity funds would account for 98 per cent and 99.7 per cent, respectively.

Based mostly on Trần Thị Phương Lan, appearing Director of the municipal Division of Industry and Commerce, the department would proceed To reinforce the cooperation with the State Financial institution of Vietnam’s Hà Nội department to encourage The current Of current cost providers To promote e-commerce and digital transformation.

Options would Even be raised to encourage consumers To change to on-line buying.

Statistics of the central bank’s Hà Nội department confirmed that So far, Greater than 39 million e-wallets have been activated, recurrenting An enhance Of three.68 per cent As in contrast with The prime of 2021. The complete worth of transactions by way of e-wallets reached Greater than VNĐ271 trillion.

Almost 70 per cent of Vietnamese adults had cost accounts at credit rating institutions with An complete of 5.5 million accounts and 1.77 million mobile money accounts, 67.2 per cent of which have been opened in rural and distant areas.

Hoàng Huyền Trân, Deputy Director of the central bank’s Hà Nội department said that moneyless costs Can be strengthened in public providers to create comfort for residents paying Electricity and water funds, As properly as To Highschool and hospital costs.

The event was held as An factor of the Hà Nội annual promotion programme and Is predicted to create impetus for enterprises To enhance moneyless cost, and e-commerce operations and promote consumption. — VNS





Source: http://www.einnews.com/pr_news/582457095/cashless-payment-expands-rapidly-with-e-commerce-boom

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