e-payments

Strengthening e-payments in Vietnam

2018 proved to be a fantastic year for the Vietnamese economy. Figures from the government showed that the socialist state’s gross domestic product (GDP) grew by 7.1 percent year on year in the first six months of 2018 – the fastest growth recorded since 2011. Vietnam’s impressive growth rate is expected to continue this year.As the Vietnamese economy continues to grow, consumption choices in the country have begun to change.

13 February 2019
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Singapore on path to digital economy

Singapore has set targets to reduce cash and cheque usage as it prepares to allow companies to use its digital payments service in a move towards a digital economy.Cheques will no longer be in use by 2025 while cash withdrawals from automatic telling machines will come down significantly, Education Minister Ong Ye Kung, who sits on the Monetary Authority of Singapore board, said in a speech Wednesday at the annual Association of Banks dinner in the city-state.

21 June 2018
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