Covid-19 boosts cashless payments in Vietnam
Transaction values via smartphones increased by 177% in the first half of 2020.
Transaction values via smartphones increased by 177% in the first half of 2020.
Covid-19 is prompting people to spend less money on entertainment or travel services.
The total value of cashless transactions jumped six times in the first half this year against the same period of 2019.
Transactions via mobile devices recorded a year-on-year surge of 198% in volume and 210% in value last year.