Razer Pay will be shut down at the end of September as e-wallet competition heats up in Southeast Asia.
OnePAY Online Service and Commercial Joint Stock Company has launched the installment service with 0% interest since 01st Apr 2020.
The E-Commerce Index 2020 report by the Vietnam E-commerce Association (VECOM) said that in 2019 the growth rate of the e-commerce industry will reach over 32%. For the whole period 2016-2019, the average growth rate is about 30%.
During the Covid-19 epidemic, cashless payment is the dominant payment solution because it meets most of the payment needs in a convenient, fast and secure manner.
Covid-19 has seriously affected the economy in general, especially the tourism industry.