Vietnam’s state-owned VNPT (Vietnam Posts and Telecommunications Group) has launched a pilot mobile money service nationwide.
One month after Vietnam announced plans to pilot mobile money services across the country, and eight months after Prime Minister Nguyen Xuan Phuc signed off on approval of the pilot programme, MobiFone has become the first Vietnamese operator to be permitted to provide mobile money services in the country.
Boku is expanding its mobile payments network M1ST into Thailand via support for the country’s two most popular mobile wallets, TrueMoney and Rabbit LINE Pay.
FSS (Financial Software and Systems) is collaborating with Bangladesh’s BRAC Bank to facilitate digital commerce in the market.
MTN Mobile Money Uganda, a subsidiary of operator MTN Uganda, and TerraPay, a global payments infrastructure company, have announced an association that will enable MTN Mobile Money Uganda to facilitate international digital cross-border remittances and speedy money transfers to beneficiaries in a number of regions.